Today’s Market
Business was reported as very quiet. July is typically a slow season for the US hide market, but this year could see the slowness exacerbated by the COVID driven market conditions. Today there were a few drops in prices for Colorado Branded Steer and Butt Branded Steer.
[HIDE-SALES]
Similar to footwear and auto sales, furniture sales in the US for April of 2020 have seen an all-time low. Furniture sales have sharply fallen to $4.1 million in April 2020, which is a 57 percent decrease from the 2016 to 2019 April sales average. Over the past four years, this market has seen consistency in sales, reporting only a $773,000 difference from the period’s high to low—until March and April of this year. Sales declined 60 percent…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...