Tightness in the poultry fat market continues to drive fat and grease prices higher in the South through the Eastern markets. Prices for yellow grease and poultry fat moved higher today on limited supply and strong demand. Finding an offer for low acid material has proven challenging for some buyers, with both the feed mill and pet food demand very strong. Broiler slaughter is forecast lower over the next six weeks, averaging 150.5 million head, down 3.2 percent from last year and down 10.3 percent compared to the prior six-week average. Next week’s holiday interruption may provide some pause to the price rally…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...