Pressure continued for the US hide market with prices rolling back around $1 for steers and $1+ for cow selections. The Jacobsen Hide Index closed Friday at $62, down $1.34 from a week ago and during the week packer HTS traded for $63 to $65, BBS $70 to $71 and HNS $71 to $72 FOB plant.
Slaughter took a big bump, increasing to 587,000 from 548,000 the previous week and 548,188 a year ago. The week’s slaughter exceeded expectations and…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...