31 October 2013 20:14 [Source: ICIS news]
MEDELLIN, Colombia (ICIS)--Cattle slaughter in September this year totalled 2.61m head, up 3% year over year, the US Department of Agriculture (USDA) said on Thursday.
The average live weight was up 2 lbs from the previous year, at 1,313 lbs, USDA said.
The average live weight is the weight of the whole animal, before slaughter.
Beef production, at 2.07bn lbs, was up by 3% from July 2012, USDA said.
The figures are reported in USDA’s monthly livestock slaughter report by the National Agricultural Statistics Service (NASS).
US tallow-based fatty acid producers typically use bleachable fancy tallow (BFT) as feedstock. BFT is primarily derived from the fat tissue of beef.
Fatty acid suppliers use a prior-month BFT feedstock average as a factor in the contracts.
BFT prices have been hovering around 33 cents/lb ($728/tonne, €531/tonne) in the Chicago cash market in recent weeks.
($1 = €0.73)
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