05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Market Activity & Analysis
The US hide market remains quiet with several early offers leaning lower than last week’s prices and a larger amount of heavy weight and jumbo-type hides. Interest is limited with some tire kicking and inquiries for regular weight steer selections with quick shipments. People in the trade are anxiously awaiting news on tariffs when Trump and Xi meet at the Group of 20 meeting in Argentina this week.
Regarding the upcoming meeting,…