Following the long holiday weekend in the US, sellers put together offer lists today which will be released tonight and tomorrow. Most sellers do not have many steer selections available to offer, as many reported they are sold 6.5 weeks forward on the most popular selections. Sellers do have good volume of cowhides and heifers available.
Cowhide demand continues to be moderate, and buyers continue to resist price increases in most cases. Heifer production is strong along with demand for hides from the footwear industry.
Chinese and Taiwanese tanners will be closed for the Dragon Boat festival this Thursday and Friday so trading this week is expected to be slow.
Cattle Slaughter Forecast
Cattle slaughter is forecast by The Jacobsen at 645,000 head this week, up 1.74% from last week and down 2.95% from last year. Cattle slaughter finished last week at an estimated 634,000 head, up 2.92% from the week prior and…
09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...