Cow hides demand is strong due to the active furniture upholstery business. A number of US hide selections used in this industry increased in price today. At this early point of the week, sellers have reported a quiet tone to the market for other selections, but buyers are actively inquiring about offers. The shipping backup in the APAC region has not improved which is a risk to the timeliness and completion of orders. Tables 3 & 4 illustrate the outstanding sales below, week 10 data indicate a high volume of hides in need of shipment in the near future.
Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through March 11. Through Week 10, the total outstanding…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...