**Please note – Lexi Watts is out of the office this week and will return on Monday, Dec 11. In her absence, please contact Ryan Capozziello at [email protected].**
There was a lot of activity in the hide market today. Northern and Southwestern branded cows had a decline of $0.25, while light and medium weight butt branded steers dropped by $1.25. Heavy branded heifers also decreased by $1.00, while medium weight Colorado branded steers fell by $0.50. Additionally, heavy native steers were down by $0.25, and heavy Texas steers traded $1.00 below last reported price levels.
Cattle Slaughter Forecast
Cattle slaughter is forecast by The Jacobsen at 635,00 head this week, which is unchanged from last week but down 2.05 percent from last year. Cattle slaughter finished last week at an estimated 635,000 head, up 18 percent from the week prior and down 3.86 percent from last…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...