Buyers are continuing to try to push for lower prices and generally reluctant to commit to very large volumes while producers do their best to hold prices. If suppliers are willing to take $1 or so less, hides are being sold in decent quantities—but steady doesn’t get much business. China tanners continue to say leather business is slow and most believe prices will go down later, hence the hesitation to buy.
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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...