The markets were rangebound Monday on limited trade reports.
For the week ending March 2, 2024, cattle slaughter is forecast at 600,000 head, 4.1 percent down from 2023 but 1.2 percent higher than last week. Over the next six weeks, cattle slaughter is expected to average 611,670 head per week, 2.5 percent lower than 2023 for the respective time. Fig. 1
The Estimated Weekly Meat Production from the USDA pegged cattle slaughter for week ending February 24 at 593,000 head, 3.4 percent lower than the respective week in 2023. Year-to-date cattle slaughter was estimated at 4.758 million head, 5.4 percent lower than 2023 for the same time. Production levels, 2024 year-to-date, were at…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...