Trading was quiet to start the week. Hog slaughter finished last week at an estimated 2.537 million head, up 13.2 percent from the holiday shortened prior week and down 1.8 percent from last year. The trend of lower hog slaughter relative to the year prior is expected to continue in the near term. Hog slaughter is forecast higher over the next six weeks, averaging 2.546 million head per week, up 5.8 percent from the prior six week average. While the seasonal increase is forecast, the harvest is projected to run 4.5 percent below 2020 levels and 5.1 percent below…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...