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…
11.14.2024
Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB
Renewable identification number (RIN) credit prices fell sharply on Wednesday November 13 due to speculation that the Environmental Protection Agency (EPA) sent a volume adjustment notice to the US...
11.14.2024
DCO prices move lower as production levels hit record highs
Distiller’s corn oil (DCO) traded lower on Thursday November 14, in Manly, Iowa, and out of the FOB Wisconsin/Illinois regions amid declining prices in soybean oil futures.
Offers for DCO...
11.14.2024
Prices for US animal proteins steady; September dog and cat food exports down
Most prices for US animal proteins were steady on Thursday November 14, with light volume reported to Fastmarkets from market sources. Feathermeal price ranges narrowed higher in several regions...