Friday Publication Hours in Effect — Today’s Trade Reporting Deadline 2 p.m. CST
Friday publication hours are in effect. The deadline for trade reporting will be at 2 p.m. CST with publication of the Hide & Leather Price Guide/Commentary soon after.
The week wrapped up with heavy native and butt branded steer trading sideways while branded cows traded $1.25 higher per piece than last reported. Interest in cow material is from furniture upholstery tanners from the Hebei province in China. This area was active in the US market all week. Participants reported the greatest demand are those who specialize in Chinese domestic furniture. Tanners claim drop split prices increased this week, which encouraged prices for cowhides to move upward. Also, some market players believe that the Chinese government may unleash credit before year end which could revive the real estate market. Furniture tanners may be building inventory…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...