The hide market is staged for a standoff with producers committed to hold prices steady and buyers doing their best to lower them. In general, the market seems to be stable but without a strong wind to continue. Currency has become a bigger factor in the trade with the US dollar becoming stronger after Trump won the presidential election a week ago, bringing uncertainty to which level the currency will land and the subsequent cost to doing…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...