09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
Hide trading was limited today with buyers and sellers heading back from the All-China Leather Exhibition (ACLE). Sources continue to report a lot of interest for cows but very slow activity in the luxury leather business.
U.S. Export Sales & Shipments for Week Ending August 24
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending August 24, export sales for the 2023 marketing year decreased 56 percent, from 412,854 to 232,419 while shipments decreased 22 percent, from 506,805 to 406,015. Sales for the 2023 marketing year totaled 17,922,834 — mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 622,944. Total export sales were 527,142 and total export shipments were 534,489.
…