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…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...