Cattle slaughter drops by 5% in June 2014 from previous year

24 July 2014 21:21 Source:ICIS News

MEDELLIN, Colombia (ICIS)--Cattle slaughter in June this year totaled 2.61m head, down by 5% from June 2013, the US Department of Agriculture (USDA) said on Thursday.

The average live weight was up 7 lb from the previous year, at 1,307 lb, USDA said.

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

Beef production, at 2.07bn lb, was also lower by 4% from June 2013, 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 40 cents/lb ($882/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