Cattle slaughter is forecast at an average of 648,800 per week over the next four weeks ahead of the Thanksgiving break, which is 2 percent under year-ago levels. Slaughter is expected to remain under year-ago levels over the next six weeks at an average of 640,000 head, down 1.1 percent from last year and down 1.4 percent from the prior six week average. While the production is expected to trend under the prior year’s levels, production is still strong at numbers well over 640,000 head. The trend…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...