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…
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...