Market Activity

Trading was mostly quiet to start the week. Early indications on mixed species MBM is at lower numbers with heavy supplies continuing to weigh on price.

Cattle slaughter finished last week at an estimated 559,000 head, down 12.8% from the week prior and down 2.8% compared to the same week last year. Kills are forecast to bounce back up over the next three weeks averaging 643,300 head per week. While the figure is lower than the early November average,…