Today’s Market
It was another quiet day in the US hide market. Limited trades occurred due to the holidays overseas. Korean customers are reportedly returning today, while most Chinese customer are expected to return Friday. However, some buyers in China have remained active through the holiday with bids at steady pricing.
[HIDE-SALES]
Federal Reserve Economic Data (FRED) for August 2020 estimated the US Industrial Production for Apparel and Leather Goods at 58 points, exhibiting a 34 percent improvement from April’s all-time low. April 2020 recorded a decline to 43 points, representing a 36 percent decrease from the 2016 to 2019 average for April. August’s figures indicate a 21 percent downturn from the three-year average of 73 points. Since April, 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...