The hide market this week remains in a holding pattern with a moderate number of sales at relatively even prices. With the exception of a few outliers, most packer HNS are trading from $101 to $102, BBS around $100 and HTS at $96. Cow business appears to be stable with several sources reporting good sales last week and quite a few bids this week. One source notes they are sold out of branded cows. To provide a little more context to the state…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.