For Monday, light trade was reported on the animal proteins market, with most testing values. 

For the week ending July 8th, cattle slaughter is forecast at 640,000 head, a 3.5 percent decrease from 2022 and a 0.8 percent drop from last week. Over the next six weeks, cattle slaughter is projected to average 638,330 head per week, a 3.4 and 1.8 percent drop from 2022 and 2021, respectively, as head counts remain under prior levels. As of mid-July, slaughter levels are forecasted lower than the prior two years with 640 thousand max head a week.

According to the USDA Actual Slaughter Under Federal Inspection for June 15th, average live weights are currently at 1,339 pounds, 20 pounds lower than the start of May and one under from the respective period for 2022.

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