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Blog

Cattle Slaughter Forecast to Track Below 2022

Alexandra Watts | 10.23.2023

Hide sellers reported minimal trading activity over the weekend while leather makers continue to indicate there is little leather demand. The weak demand for the raw material is likely due to the negative impact of inflation catching up to consumer spending and cuts to demand for finished goods. Alternative materials, such as synthetic fibers, continue to weigh on the hide market due to consumer trends and lower costs.

Cattle Slaughter Forecast

Cattle slaughter is forecast by The Jacobsen at 640,000 head this...

Soybean Oil Cash Basis Declines in Illinois, Gulf

At the cash market, indications for soybean oil were lower at the Gulf Coast and central Illinois. Gulf crude-degummed...

Stabilizing Food Prices Drive Organic Spending

While food prices are not moving lower, the acceleration...

Weekly Hemp Recap

Last Week’s Hemp Commentary

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Louis Dreyfus Announces New Crush Facility in Ohio

Louis Dreyfus Company (LDC) announced today that it will be constructing a soybean processing plant in Upper Sandusky, Ohio....

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Slide Continues in Waste Oils, Fats & Greases

Four cars of packer BFT traded down a penny to 56 cts/lb Chicago. Edible tallow traded lower as well,...

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Pet Grade PBM Moves Lower on Heavier Nearby Supply

Feathermeal moved higher today in the Mid-South on confirmations of trading at $625/st. Higher have been indicated, though trade...

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Sausage Casings Bulletin October 20th, 2023

Runner Market Commentary
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Minimal Trading Activity on Grain By-Products

The grain and feed CME market had fluctuating prices throughout the week, with substantial gains and losses. Recent reports...

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09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

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09.06.2024

US fat market slides on pressure from soybean oil, energy complex

Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

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09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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Cattle Slaughter Forecast to Track Below 2022

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