The US market remains unchanged with better-grading natives and butts moving fairly well, brands and multiple brands a little more difficult to move and cows a little even further down the list. Interest has picked up, but there is a strong resistance to any more money. For US hide suppliers, the noted downturn in China’s domestic shoe and upholstery business is weighing heavily on the market, which normally takes 60-65% of its 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...