Hide demand from Korea remains firm with sales in small volumes and at steady prices. Chinese customers have sent in bids, but at lower prices than last trading levels. The selections with the most interest are for Branded Steers (BRS), Butt Branded Steers (BBS) and Colorado Branded Steers (CBS). BBS traded up $4 today, returning to last Thursday’s price levels, driven by firm automotive leather business.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending April 15, export sales for 2021 marketing year increased 29 percent to 430,114 from 333,365 and shipments increased 3 percent to 512,343 from 496,434. Sales for marketing year 2021 totaled 7,570,308—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 638,149, total export sales were 504,687 and total export shipments were…
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...