Steer hide prices are under pressure, dropping $0.50-$2 on particular items. Interest for cow hides continues, driven by the upholstery leather market. A few auto manufacturers have shut down due to short supply of microchips. This has caused a slowdown for the auto tanners as well. Fed Branded Cows traded at a slight decrease from two weeks ago with 64/68 lbs. trading at $20.50.
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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...