Weekly Soybean Crush Margins Drop 37% WOW
Market Update
DDGS prices saw mixed results, ultimately increasing for the day because of...
Light trade was indicated to start the week, typical for Monday. For week ending July 1st, 2023, hog slaughter is forecasted at 2.325 million head, a 1.8-percent increase from 2022 but a 1.1-percent drop on the week, with lower slaughter levels expected for summer season. According to the USDA Actual Slaughter Under Federal Inspection for May 20th, average live weights were at 286 pounds. Over the next six weeks, hog slaughter is expected to average 2.262 million head per week, up 1.1 percent from...
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