Sellers put together offer lists today with asking levels close to steady with the last traded levels on most selections. Some sellers are in position to offer at higher than last traded prices on cow selections after moving large volumes of material last week at steady to current market price levels.
Suppliers have steer hides that they are looking to move this week and the negeative price pressure on heavy native steers (HNS) continues. With automotive tanners relatively out of the market, interest for HNS has dwindled. Some buyers were willing to pay steady price levels today for premium material but there are talks of price decreases in the near-term.
Cured and Wet Blue Export Shipments by Selected Countries — Through May 4
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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...