Hide trading was quiet today while buyers and sellers finalize purchases. For the past six weeks the market before Thursday has been used for price and volume negotiation. Buyer interest and bids continue to come in at current to higher price levels for many steer selections. Dairy Cows and Native Cows are in demand, but Branded Cows interest is flat.
Eased COVID-19 restrictions due to widespread vaccination have encouraged pre-pandemic activities to return, bringing consumer attention back to footwear. Federal Reserve Economic Data (FRED) for retail shoe sales were posted at $3.3 billion in April-the second consecutive month to track above historic March and April sales. April’s sales were 21 percent higher than April 2020 sales and 14 percent higher than the 2016-2019 average for April. These record high spring sales signify recovery for the footwear industry in multiple sectors. Coming out of the pandemic,…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...