Hide demand proceeds to be strong for the upholstery sectors. Buyers continue to be in the market for Heavy Native Steers, as well as other steers, but are facing a challenge to have them shipped before year-end. The shoe tanners remain absent from the market as leather demand, let alone footwear in general, is low. Overall, the week ended trading at similar levels to slightly higher than the previous week.
No packer sales today.
No processor sales today.
This USDA data is published every Thursday by the USDA Agricultural Marketing Service (AMS) and reflects actual week-to-date cattle slaughter by classification for the week ending two weeks prior to document release day.
December 4 (Wall Street Journal) – U.S. Added 245,000 Jobs Last Month as Hiring Slowed
U.S. job growth slowed sharply in November, suggesting the labor-market recovery is losing steam amid a surge in coronavirus cases and new business restrictions. Employers added 245,000 jobs last month, less than half the 610,000 jobs added in October, the Labor Department reported Friday. The unemployment rate edged down slightly to 6.7% in November from 6.9% a month earlier. READ MORE
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...