Hide demand continues to be steady despite shipping concerns. Wuji is shutting down ports due to the COVID-19 outbreak which poses a major issue for hide exports and imports. Transportation to Mexico is running fairly smooth, but the staffing for drivers is a bit limited as employees take time off for the holidays. Suppliers have been firm on higher prices, while reaction from the buyers has been mixed to start the year.
[HIDE-SALES]
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending December 31, export sales for 2020 marketing year decreased 99 percent to 3,641 from 290,338 and shipments decreased 31 percent to 333,642 from 485,628. Sales for marketing year 2020 totaled 25,735,085—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 609,580,…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...