The US hide market was in standoff last week with buyers not interest in paying up money while some sellers tried to edge prices higher following several weeks of big sales. Prices for the week remained stable and sales volume, by most accounts, lagged the week’s production of hides. The Jacobsen Hide Index closed Friday at $59.72 from $59.43 a week ago and several popular steer reports include HNS from $77 to $78, BBS from $65 to $67, BS at…
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...