Today’s Market
The US hide market concluded the week with the switch to winter weights on our price guide. The weight switch brought updated pricing on all of our selections, exhibiting the overall market improvement from 6 months ago. Prices for hides used in the automotive sector have grown significantly over the past 6 months; Heavy Native Steers are up $7.25 and Butt Branded Steers are up $8.50. These price increases are in line with the rising demand and…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...