Today’s Market
The US hide market concludes the week with a raise in prices for light packer Heavy Native Steers at $34, Butt Branded Steers at $34 and Northern Native Cows at $14. There are more indications of resistance to higher prices from buyers, in particular from customers in China, but demand from the auto sector remains strong. As fall hides are decreasing in supply, many seem to be willing to pay the current prices before the winter weight hides become the only material available.
[HIDE-SALES]
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending October 8, export sales for 2020 marketing year increased 11 percent to 445,115 from 402,881 and shipments increased 27 percent to 469,950…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...