The hide market concluded the week with fewer hides traded than over the past several weeks, and likely, under the hides generated. Most of the business was done for steady money as buyers showed no interest in chasing prices any higher, claiming sluggish shoe leather business couldn’t justify any increases. The cow market continued to outperform steers on decent demand from upholstery and fairly stable auto leather.
…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...