Hog Slaughter Forecast Drops Into March, Remains Over 2023
The market was quiet at the start of the week with no changes.
For the week ending...
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Cattle Slaughter Trails 2023, Projected Higher into April
There was no traded volume reported today, but there was a lot of positioning in the market on changing dynamics. Strong chemical demand and a wide spread to palm has pushed offers for tallow higher, both into the Chicago and Gulf markets. Over the last few days, offers into the Gulf for max 20 ffa tallow have been heard as high as 44 cts/lb delivered, bids at 40.5 with the last traded level at 41 cts/lb on Friday.
Used cooking oil bid/offer spreads have...
