Trading in the animal proteins market was quiet to start the week. A big winter storm is likely to cause plenty of logistics issues in the Midwest over the next 24 hours with big snowfall and ice accumulation expected in Nebraska through Ohio.
Cattle slaughter finished last week at an estimated 657,000 head, up 1 percent from the week prior. Slaughter is forecast to fall over the next six weeks, estimated at 650,000 this week and down to a low of 620,000 head the week of February 20th before climbing back up to 635,000 the week of…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...