Cattle slaughter increases by 1% in December 2013 from previous year

29 January 2014 17:51 Source:ICIS News

(Clarifies year for latest cattle slaughter statistics)

MEDELLIN, Colombia (ICIS)--Cattle slaughter in December 2013 totalled 2.56m head, up 1% from December 2012, the US Department of Agriculture (USDA) said on Wednesday.

The average live weight was up 9 lbs from the previous year, at 1,333 lbs, USDA said.

The average live weight is the weight of the whole animal, before slaughter.

Beef production, at 2.05bn lbs, was also up by 1% from December 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 is priced has been hovering around 30 cents/lb ($661/tonne) in the Chicago cash market in recent weeks.

Fatty acids are produced by splitting oils or fats, which then generate the fatty acid and a glycerine co-product.

By Leela Landress