Early US hide offers are similar to previous weeks with expectations from most participants that prices should remain unchanged and activity will be subdued with China tanners sidelined most of the week for the National Day holiday.
The following chart shows the total outstanding cured hide and wet blue export sales by selected countries through November 8. Through Week #45, the total outstanding sales are 3.412 million from 3.588 million the prior week. With the same period average weekly slaughter at 625,016 head, the cumulative outstanding sales represent 5.46 weeks of production from 5.74 the previous week.
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...