Used cooking oil (UCO) traded higher on Monday, with reports in a range of 43 – 43.5 cents per pound delivered US Gulf today for domestic material. Choice white grease traded in light volume at 37 cents per pound. Other items were steady for the Monday with several market participants attending the National Institute of Oilseed Products (NIOP) in Palm Springs, California.
US Cattle Slaughter Forecast
Cattle slaughter finished last week at an estimated 586,000 head last week, down 5.07 percent from the same week last year but up 0.86 percent from the week prior. The Jacobsen is forecasting slaughter at 610,000 head this week and at an average of 615,830 head over the next six weeks.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...