The US hide market remained relatively steady for the week with a couple of active trades. Both light and regular weight native steers traded lower by $0.25. Butt branded steers traded down $0.50. Colorado branded steers traded down $0.25. Branded heifers traded $0.25 below yesterday’s price point. Additionally, sources reported high interest in cows.
It appears that rising interest rates are still affecting consumer spending. Many shoe manufacturers do not expect the situation to improve anytime soon. Disruptions to global supply chains combined with the slow economic rebound have resulted in several major automakers slowing production, which may soon have a negative impact on steer prices.
Actual Slaughter by Classification
Table 1.
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01.10.2025
Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
01.10.2025
Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
01.10.2025
Sausage casings bulletin, January 10, 2025
Runner market commentary
Table 1