This week the hide market took on a more stable stance with a significant reduction of declining prices. Most hides on average traded at prices close to last week’s levels with the Jacobsen Hide Index closing down less than a dollar on Thursday from a week ago. Compared to the volatile weeks of $3 to $5 price drops, this was a welcome change for suppliers.
The week also saw a noticeable pick up in the volume of bids—some…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...