Lexi Watts out of Office March 9
Lexi Watts will be out of the office Monday, March 9 and will return on Wednesday, March 10. In her absence, please contact Ryan Standard at 331-276-8227 or [email protected] with any questions or trades to report.
The US hide market began the week with active bidding for material. Sales, for the most part, remainin firm on prices. Jumbo Heavy Texas Steer have been quoted up another dollar from Friday’s trading levels. However, shipping containers continue to pile up as demand for goods from Asia are high.
Over the next six weeks the average weekly head count is 645,000, up 2 percent from the prior six week average and 4 percent from prior three-year average. The harvest is forecast at 655,000 head this week before falling to 640,000 head the last two weeks of March and the…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.