The US fat market was quiet on Monday September 23, with no changes to start the new week.
The Fastmarkets’ research team forecasts cattle slaughter at 610,000 head for the week to Saturday September 28, unchanged week on week but down by 0.3% year on year.
Cattle slaughter finished last week at 610,000 head, down by 1.6% from the previous week and by 2.7% year on year.
The year-to-date total through September 21 was 22.7 million head, down by 4% from 2023.
Over the next six weeks, Fastmarkets’ research team projects cattle slaughter to average 617,500 head per week, down by 1.6% year on year but up by 0.4% from the prior six-week average.
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...