While it may be premature to say that the bloom is off the rose, this week activity in the US hide market is slower and buyers appear to have backed off some. The buying surge in late October and early November which covered the bulk of hides needed ahead of the China New Year holiday may be the reason for the lull and a number of Chinese tanners have blocked shipments for the weeks of December 5 and 12. For the moment, prices are holding but…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...