04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Hide demand slowed over the course of the week for buyers in footwear, upholstery, and handbag tanning. Automotive tanners remain active in the market looking to buy for incoming leather orders.
The volumes needed are strong for September shipment which drove prices for heavy native steers up $2 for light-weight packer material. Sellers have stated they carry limited supply of heavy native steers and demand is firm from several customers.
Buyers focused in other areas of the market were unwilling to pay higher price levels than current market due to slow leather demand, high exchange rates and depressed leather prices.
Actual Slaughter by Classification
Table 1.