Cattle Net Margin Remains in Negative

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Cattle Net Margin Remains in Negative

Alexandra Watts | 02.29.2024

The market was mostly quiet on Thursday for animal proteins, keeping most prices rangebound for the day. Porcine bloodmeal FOB Indiana, as well as meat and bonemeal both moved up $25/st on Thursday. Sources stated active demand paired with diminished offering levels contributed to the move higher. 
 
February Cattle Simulator 

*The values presented below are obtained from the USDA Cattle Simulator, which are averaged for...

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International Animal Fats and Oils 29.02.24

International Animal Fats and Oils 29.02.24

Price levels for imported used cooking oil (UCO) were relatively flat this week, with selling ideas indicated in the...

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Grain Export Sales Increase Week-on-Week

Grain Export Sales Increase Week-on-Week

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Automotive Tanners Remain Absent from Hide Market

Automotive Tanners Remain Absent from Hide Market

Trading was active in the US hide market for Butt Branded Steers (BBS), Colorado Branded Steers (CBS), Heavy Texas...

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Lineappelle Fair Fails to Drive Market Direction

Lineappelle Fair Fails to Drive Market Direction

Argentina

February 29

Slaughter remains unchanged from last week.
Good quality Buenos Aires wet salted heavy steers...

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Biofuel Industry Canola Oil Demand Reaches All-Time High in December

Biofuel Industry Canola Oil Demand Reaches All-Time High in December

** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane -...

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International Animal Proteins 29.02.2024

International Animal Proteins 29.02.2024

Most values in the global protein market were steady to lower for this week. Bloodmeal in the Australian market...

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U.S.Organic Premiums Contrast with Europe’s

U.S.Organic Premiums Contrast with Europe’s

While the organic grains markets in Europe continue to face significant headwinds,...

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Wisconsin Hemp-based Battery Company to Break Ground in April

The closing of Energizer’s Fennimore and Portage battery plants could have just...

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