Soybean Crush Margins Surge by 75 Percent YOY
Values for DDGs experienced a slight surge due to the rapid fluctuation in corn prices. Market participants indicated that...
Author: Alexandra Watts
July Cattle on Feed Shows Continued Head Count Reduction
Limited trade was reported for the day with most participants testing the market due to high volatility on the CME.
For the week ending July 15th, 2023, hog slaughter is forecasted at 2.325 million head, a 1.5-percent increase from 2022 and a 1.5-percent rise from last week. According to the USDA Actual Slaughter Under Federal Inspection for June 24th, average live weights were at 282 pounds. Over the next six weeks, hog slaughter is expected to average 2.371 million head per week, around...
