January 14
Slaughter is slowing and producing less hides than during December.
There are bids for higher priced steers that are bringing the bids for light weight hides up. There haven’t been any price increases yet, but the direction seems to be moving that way. Good quality Buenos Aires wet salted heavy steers remain unchanged from the last weeks, quoting at about US$0.24 per kg.
Demand is firm for large auto and upholstery leathers. On the other hand, the shoe industry continues to be very quiet.
Uncertainty continues as the increase in COVID-19 cases suspend some leather shipments in some countries.
January 7
December slaughter was…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.