Branded Cow and Dairy Cow selections fell $1 on decreased buying interest from upholstery tanners due to full inventories. Branded Steers also fell $1.50 today on packer material. The bids that sellers have received are significantly lower than last trading levels, with some down $5. Buyers are not very active and continue to bid lower which reasonably suggests they’re not pressured to buy in the near term.
Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through April 22. Through Week 16, the total outstanding sales are 4.792 million from 4.813 million the prior week.
Table 1…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...