US hides are highly sought-after with world supply being tight. Many packers have reported they’re well sold while the rest of the market is in a frenzy to buy material to satisfy demand. Automotive and furniture continue to be the main drivers of this demand while footwear trudges behind. However, some footwear tanners have reported slight increases in their interest for some hide selections.
[HIDE-SALES]
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending March 4, export sales for 2021 marketing year increased 54 percent to 662,255 from 429,423 and shipments increased 2 percent to 492,255 from 481,962. Sales for marketing year 2021 totaled 4,330,359—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 639,973, total export sales were 481,151 and total…
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...