Cattle on Feed inventory 1.31% above last year

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Cattle on Feed inventory 1.31% above last year

Placed on Feed Cattle for February Higher by 9.69% YoY

Based on the Friday March 22 USDA Cattle on Feed report, March 1 inventory showed the total on-feed numbers equated to 11,838,000 head, up 1.31% from the respective month in 2023. During February, cattle placed on feed was at 1.890 million head, or 9.69% above last year.

Marketings for Februar...

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Sausage Casings Bulletin March 22, 2024

Sausage Casings Bulletin March 22, 2024

Runner Market Commentary
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CME May Soybeans Drop Below Previous High

CME May Soybeans Drop Below Previous High

Grain futures displayed notable movement throughout the week. The production potential in South America and persistent geopolitical tensions in...

US Hide Market Traded Sideways

US Hide Market Traded Sideways

Market Update 

The US hide market wrapped up the week with unanimous reports of...

Cash vegetable oil markets end week in quiet fashion

Cash vegetable oil markets end week in quiet fashion

Physical vegetable oil markets closed out the week with a whimper again. Participants said the markets have...

D4 RINs are 36% of 2024 RIN Output, RD Imports surge to Record High

D4 RINs are 36% of 2024 RIN Output, RD Imports surge to Record High

The Environmental Protection Agency (EPA) reported 1.73 billion gallons of renewable fuel blended within the nation’s transportation fuel pool...

Choice white grease prices steady to higher

Choice white grease prices steady to higher

**Ryan Standard will be out of the office until Monday, March 25th. Please contact Amanda Luhavalja at [email protected] or...

Hog Slaughter well above prior year for Jan and Feb, 2024

Hog Slaughter well above prior year for Jan and Feb, 2024

Animal proteins were rangebound for Thursday March 21, with limited trade reported.

A fire at a beef processing...

International Animal Fats and Oils 21.03.24

International Animal Fats and Oils 21.03.24

Used cooking oil (UCO) trading was active this week, with middle eastern cargoes delivered in flexi-tanks to Amsterdam, Rotterdam, Antwerp,...

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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