It has been two consecutive slow weeks on sales after producers increased asking prices. Sellers are claiming US hides are steady and firm, but the demand side has not seen any fundamental changes thus far in December. Recent reports on China’s economy rattled equity markets this week with Chinese customs data showing the world’s second largest economy contracted 6.8% in November with imports dropping 8.7%. With nearly 65% of the US hides…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...