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
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...
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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,...
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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...