05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Hog slaughter finished last week at an estimated 2.47 million head, up 24 percent from a year ago levels. The slaughter is forecast to trend lower over the next six weeks, projected at 2.45 million head this week and to 2.08 million head on the week ending June 5th. While slaughter is expected to average nearly 100,000 head less per week versus the prior six-week average, production rates are forecast down an average of…