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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11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...