The US hide market is on the quiet side with some pundits describing it as still in standoff mode. There were plenty of hides offered this week, causing some speculation that forward positions may be shrinking; however, suppliers generally are saying their positions are still good. There has been a limited amount of activity with buyer interest modest and some of the bids one to two dollars down. On the other hand, producers are unwilling to…
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...