Cattle Slaughter Projected to Drop Below 2022 Levels This Week

Cattle Slaughter Projected to Drop Below 2022 Levels This Week

**Please Note — There will be no International prices or commentary released this Thursday ahead of the New Year’s holiday. The Jacobsen will close trading at 1pm CT on Friday, Dec 29 and will be closed Monday, Jan 1.**

Following the Christmas holiday closure, sellers reported minimal activity over the weekend and at the start of this short trading week.
The steer hide trades were reported for small volumes of material. Jumbo weight Heavy Native Steer (HNS) hides traded $1/piece down, light weight Butt Branded Steer (BBS) hides traded $0.50/piece down, and regular weight BBS hides traded $1/piece lower from Friday’s close. Branded Steer (BRS) hides traded $1/piece lower than Friday’s close.
Carryover bids were communicated as lower than current market levels.
Packers may release offer lists tonight, but also may delay to tomorrow evening due to the later start to the trading week.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.10.2024

2024 RIN Dashboard April Edition

2024 RIN Dashboard April Edition

Renewable Identification Number (RIN) generation has been strong during the first quarter of 2024. The original 2024 mandate was based on fuel assumptions that have since changed. ...

05.10.2024

UCO tariff rumors spark bullish sentiment; traded volume quiet

UCO tariff rumors spark bullish sentiment; traded volume quiet

Distiller’s corn oil (DCO) traded higher at 43 cents per lb delivered Manly, Iowa on Friday May 10, with trading also done at 41.5 cents per lb FOB Missouri...

05.10.2024

Animal proteins steady to lower week on week; WASDE forecasts lower production year on year

Animal proteins steady to lower week on week; WASDE forecasts lower production year on year

US animal proteins were steady to lower week on week for the week to Friday May 10. Only light trade was reported for the second half of the week,...

Latest Tweets