Buying activity was active today with the majority of interest from Chinese and Mexican tanners. Automotive tanners were actively inquiring in the market today after receiving increases in leather order volumes from Original Equipment Manufacturers (OEMs) for August. The demand from the automotive industry for heavy native steers (HNS) drove up prices this week and packers try to negotiate prices up another $0.50.
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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...