The US fats market was quiet on Monday October 21, with no changes to start the new week.
In other news, Fastmarkets’ research team forecast cattle slaughter at 615,000 head for the week ending Saturday October 26, up by 1.15% week on week but down by 3.1% year on year.
Cattle slaughter finished the past week at an estimated 608,000 head, down by nearly 4.7% from the same week in 2023 but up by 3.8% from the week prior.
The year-to-date total through Saturday October 19 was 25.12 million head, down by 3.8% from 2023.
…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...