Demand for Packer Heavy Native Steers (HNS) continues to be strong and the limited supply is contributing to strong prices. Other packer steer hides are under pressure, now that the demand from the auto sector isn’t as strong for material under the higher quality HNS. Despite these reports, Butt Branded Steer (BBS) for jumbo weight material moved $1 higher on packer material today. Native Cow (NC) hides also increased in price. Packer hide Northern NC moved $2 higher than last traded prices. Processor hides have kept a strong position in the market, trading up from the last trading day for Dairy Cow (DC) and NC material.
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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...