The US hide market continues to be sluggish with prices down around 10% since the Hong Kong leather fair in late March. For example, when the show began on March 29, packer Heavy Native Steers traded at $77 and were last reported trading at $67.50 to $68. Butt Branded Steers went from $72.50 to $66 last week and Heavy Texas Steers from $68.50 to $62 FOB plant. This week, early offerings are showing similar to last week with volumes of hides…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...