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Blog

Cattle Slaughter Forecast below 2023 through February

Alexandra Watts | 01.29.2024

Limited trade was reported for the start of the week. The IPPE (International Production and Processing Expo) and AFIA (American Feed Industry Association) Pet Food Conference are expected to draw participants from the animal protein market which could diminish traded volume for the week.

For the week ending February 2, 2024, cattle slaughter is forecast at 625,000 head, 1.9 percent down from ...

Soybean Crush Margins Drop to a 7-Month Low

DDGs prices increased in the Minnesota/Dakotas market, while values in Channahon, IL, Indiana, and Ohio dropped. Market participants mentioned...

Hide Tanners Begin Closing for Lunar New Year

Trading was active to start the week for some sellers that had negotiations carry into the weekend. Packer Branded...

Nearby Cash Basis on SBO Remains under Pressure

At the cash market, basis on crude-degummed soybean oil in central Illinois and the U.S. Gulf remained at depressed levels...

Conventional Corn Could Play a Role in Organic Corn Prices

We feel that a drop in conventional corn prices will...

Strong Q4 Blending Weighs on Q1 Biodiesel Pricing

Renewable fuel RIN production climbed 11 percent in 2023, largely powered by surging D4 biomass-based diesel blending. The Renewable...

Flat Fat Market to Close Last Full Week of January

The market closed the week on a very quiet tone with no changes or trading reported. Many are reconfiguring...

Prices for Porcine Proteins Rally

*Please note – Chloe Krimmel was out of the office on Friday and will return on Monday, January 29th....

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Sausage Casings Bulletin Jan 26, 2024

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