Steer hide prices rose today, with prices increasing anywhere between $2.50 and $4 from yesterday. Despite the slowdown due to the limited supply of microchips, automotive upholstery demand continues to be firm with prices steady to last Thursday’s levels for Butt Branded Steers. Container availability issues in Asia have not slowed cow hide demand for furniture upholstery , with trading continuing at steady prices.
[HIDE-SALES]
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending January 21, export sales for 2021 marketing year decreased 20 percent to 452,375 from 565,928 and shipments decreased 4 percent to 507,079 from 530,150. Sales for marketing year 2021 totaled 1,961,209—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 653,736, total export…
01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...