Cattle slaughter finished last week at a robust 651,000 head, up 1.3 percent from a year ago and up 26.4 percent relative to the week prior. Slaughter is forecast to move lower over the next six weeks. This week, slaughter is projected out at 640,000 head, up 1 percent from last year and down 1 percent compared to the week prior. Over the next six weeks, slaughter is forecast at an average of 621,700 head, down 1.7 percent from year prior levels. The slower production combined with the…
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...