Trading was sluggish in the US animal fats and oils market on Tuesday May 28 to open the holiday-shortened week. Many sellers were waiting to engage until some more stability returns, market sources said.
US cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 560,000 head in the week to Saturday June 1, down by 1.48% compared with the same period in 2023.
Over the next six weeks, Fastmarkets’ research team expects cattle slaughter to average 602,500 head per week, down by 1.16% year on year.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...