# Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023 - The Jacobsen

> Fastmarkets assessed pet food grade poultry by-product meal at Mid-South at $575-600 per short ton, narrowing downward from Monday's range. USDA data showed October US broiler slaughter at 861.55 million head, up 4.48% year on year.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27532-sluggish-trade-ahead-of-thanksgiving-october-broiler-slaughter-well-above-2023
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher broiler slaughter adds supply and lower soybean meal values are pressuring by-product prices, both bearish for poultry meal and related feed inputs.

## Read by commodity

- MBM: bearish ▼
- CHICKEN: bearish ▼

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/11/26/sluggish-trade-ahead-of-thanksgiving-october-broiler-slaughter-well-above-2023/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.