Heavy Native Steer, Branded Steer, Heavy Texas Steer and Colorado Branded Steer selections all moved up today as auto and furniture demand continues to push hide prices higher. Despite the rising COVID-19 cases, leather prices remain firm. Korea, Thailand and Taiwan have been more active in the market this week, whereas China has shown a bit more resistance.
[HIDE-SALES]
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending November 12, export sales for 2020 marketing year decreased 13 percent to 352,688 from 406,152 and shipments increased 28 percent to 590,981 from 462,899. Sales for marketing year 2020 totaled 23,614,150—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 610,009, total export sales were 513,351 and total export…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...