Sources continued to report limited trade for US animal proteins on Monday January 27; several market participants were reported to be traveling to attend the International Production and Processing Expo (IPPE), leaving most prices flat day on day.
Cattle on feed diminished in January
Total on-feed cattle inventory — which are steers and heifers for the slaughter market being fed a ration of grain, silage, hay and/or protein supplement — totaled 11.82 million head on January 1, according to the USDA’s Cattle on Feed report for Friday January 24. This is down 0.90% year on year, or 107,000 head, and under the previous month by 1.33%, or 159,000 head.
Cattle marketings for December — which are steers and heifers for a slaughter market shipped out of feedlots — were lower by 1.04% year on year, to 1.74 million head.
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01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...