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.
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...