US animal protein prices were steady on Monday December 30.
Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.200 million head in the week to January 4, up by 7.26% from the respective week in 2023.
Hog slaughter was 2.051 million head last week, down by 20.5% year on year, according to the USDA’s Estimated Weekly Meat Production Under Federal Inspection report. Year-to-date hog slaughter was at 128.15 million head, up by 0.6% year on year.
Over the next six weeks, hog slaughter is projected to average 2.525 million head per week, lower by 0.14% year on year.
Bloodmeal yearly recap
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