The US hide market began the week with little activity. Butt Branded Steers were reported lower, returning to Thursday’s trading levels. Many buyers continue to show interest to buy but are pushing for lower prices due to their plentiful hide inventories.
The Jacobsen slaughter forecast for this week is 655,000 head, and if realized, will be 83,500 head more than the same week last year when it was 571,500.
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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...