May 2020 US Auto Sales

May 2020 US Auto Sales


Market Activity & Analysis

Today’s Market

Wednesday’s reports were typical for midweek activity. There is good demand for quality hides, as Heavy Native Steers selections continue to receive interest. It has been reported that tanners are bidding below what was paid last week, despite the steady prices. Suppliers have been holding firm on prices during negotiations.


Today’s Trades

[HIDE-SALES]


May 2020 US Auto Sales 

The Federal Reserve Economic Data’s figures of May 2020 US retail auto sales have posted an increase of 52 percent from April’s record low. When the COVID-19 pandemic hit this sector in February, auto sales had fallen significantly to $61.705 million, representing a 30 percent decrease from the prior four-year average for April. Hide prices had followed suit, also receiving downward…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

Latest Tweets