Lexi Watts was out of the office today and will return tomorrow, December 10th.
Trading was quiet today with no confirmed trades reported. The vast majority of buyers and sellers in the market are calling prices steady.
The FRED US industrial production of apparel and leather goods index for October of 2020 is up 3.4 percent from September, but down 19.7 percent from the prior three-year average for October. Production has increased since bottoming out in April during the initial wave of pandemic market disruptions, but the index level has yet to recover to pre-pandemic levels over 60. Heavy branded heifer (HBH) hides, a selection commonly used in leather apparel, were on a steady decline from January through August, with a precipitous drop from February…
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...