Today’s Market
The US hide market has been slower this week while Asia is away on holiday. However, prices continue to move higher. Packer Heavy Native Steer and Butt Branded Steer prices moved up $2 today. Branded Steers and Northern Heavy Native Dairy Cows are up $1. Colorado Branded Steers are also heating up, quoting up $3 today, but sources have reported that some have managed $8 higher.
[HIDE-SALES]
Domestic auto production in July continued to recover and was just below pre-pandemic levels at 4.5 percent below the prior three-year average of 183,500 units. Historically, July has been a seasonal low for production as manufacturers want to lower inventory for the typical sales decline ahead of the new model rollout. However, auto sales from July through…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...