Hide prices fell today for jumbo weight steer material, with spreads more in line with the regular and light weight material. At this point of the year, buyer concentration is more on leather orders than hide orders.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending December 17, export sales for 2020 marketing year increased 53 percent to 285,499 from 186,525 and shipments decreased 11 percent to 444,291 from 499,173. Sales for marketing year 2020 totaled 25,441,106—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 613,461, total export sales were 498,845 and total export shipments were 514,651.
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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...