Soybean Crush Report: Soybean Prices Plummet to 20-Month Low
DDGS remained unchanged today with sources reporting limited trading activity. However, market participants noted that plant outages are likely...
Monday trade was minimal and the trades reported were within the current range.
For the week ending September 30th, cattle slaughter is forecast at 625,000 head, a 6.3 percent decrease from 2022 but a steady with last week. Over the next six weeks, cattle slaughter is projected to average 648,330 head per week, a 2.9 and 0.8 percent drop from 2022 and 2021, respectively.
According to the USDA Actual Slaughter Under Federal Inspection for September 9th, average live weights are currently at 1,362...