August US Home Starts

August US Home Starts


Market Activity & Analysis

Todayโ€™s Market

Thereโ€™s been improvement on the bottom of the price guide material today. Dairy Cows have seen an increase for processed hides, moving up to $14 on the Northern and $12.50 on the Southwestern. Small Packer are now trading at $7, Branded Bulls are up from $8 to $12, and Kip Skins are steady at $12. Processor Branded Steers have also moved up $2, to $18. Other than Branded Steers, there have been steer pricing discussions, but minimal sales at this point in the week. Reportedly, prices are tracking at steady ranges, falling just a few dollars shy of pre-pandemic levels on the majority of the selections. For example, mid-weight Heavy Native Steers are $5.75 less than where they were one year ago.  


Todayโ€™s Trades

[HIDE-SALES]


August US Home Starts

The Federal Reserve Economic Data (FRED) reported 1.42 million home starts inโ€ฆ

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Runner market commentary
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