Heavy Native Steers Steady, But Under Price Pressure

Heavy Native Steers Steady, But Under Price Pressure

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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06.06.2023

Higher SBO Market Sparks Boost in Offer Prices

Higher SBO Market Sparks Boost in Offer Prices

Distiller’s corn oil traded at 55 del Manly, IA for the nearby market and in a range for July and August today. There were offers to sell as high...

06.06.2023

Minnesota Clears the Way for Hemp-Derived Cannabinoid Markets

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Minnesota is rolling out new cannabis legislation that creates a pathway for select intoxicating hemp-derived cannabinoids.  The state has also followed New...

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Pasture and Range Conditions Improve for Most States

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