A steady call for the start of the week was noted for most items in the animal protein sector. For the week ending July 17th, 2021, cattle slaughter is forecast at 665,000 head, a 14.3 percent gain from last week due to the July 4th holiday. This is also a 2.9 percent increase from the previous year and a 1.5 percent growth from 2019. Mixed reports have been noted in the live cattle market, with some locations showing more market-ready cattle while others continue to witness back-ups. Due to the summer heat, live cattle weights are expected at 1350 pounds, 8 pounds under last year for the respective week and two pounds lower from last week. Most pricing on the ruminant meat and bone meal as well as 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...