It was a difficult week for the US hide market with down pressure and sluggish sales resulting in a varying degree of lower price trades. Frustration seems to be setting in with suppliers trying, but not quite able to find a way to put a floor on prices or to prompt big volume buyers back into the market. Many buyers are holding back because they see prices falling each week and expect they will do better later. Trading levels this week for a…
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...