US animal protein prices were steady on Wednesday August 28, with light trade volumes reported for the day.
Cattle feed simulator and cattle herd expansion
Market analysts and sources have described cattle herd expansion as non-existent to slow-moving in 2024, mostly due to persistently high heifer and beef cow slaughter levels. In the year to date, heifer slaughter is down by 0.71% from 2023 while beef cow slaughter is down by 13.42%.
Though slaughter head counts are lower than the previous year; slaughter levels are still well above prior expansion years 2014-2017, which were under 5 million head for heifer and below 1.6 million head for beef cow in the year through July.
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11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...