Market Activity

Ruminant MBM traded in light truck volume as low as $280 ton into the Southeast market today.

Cattle slaughter finished last week at an estimated 643,000, down 0.42% relative to the week prior and up 1.58% compared to the week prior. Cattle slaughter rates are anticipated to be choppy through the holiday season, with kills forecast to fall to 627,900 head this week before picking back up to 644,00 the following week. For the next six weeks, slaughter is…