Several selections dropped $2 dollars last week, raising a lot of eyebrows when first appearing, but by the end of week became widely reported. The Jacobsen Hide Index closed on Friday at $62.61—$1.39 lower than a week ago. Packer HTS was commonly traded at $64, BBS from $68 to $69, HNS at $72 and CBS at $60. Cow hides also saw softer trading from $1 to $2 lower than previous levels. While it is not clear if a week’s hide production…
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...