Today’s Market
The day was somewhat quiet, with exception of an inrease in Branded Steer prices. After the rebound over the past four weeks, this week has not seen an equally dramatic change. Selections continue to trend upward, but at a slower pace.
[HIDE-SALES]
For the second consecutive month, retail shoe sales in the US are near the prior year’s levels. The Federal Reserve Economic Data (FRED) recently released July data posting the month’s retail shoe sales at $2.48 million. Sales for July have increased a moderate 1.4 percent from June’s sales of $2.45 million, but down from the average increase of 8.6 percent for 2016 – 2019. With improved hide prices, it is reasonable that this increase may be an indicator that the…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...