The US hide market was somewhat active while automotive tanners wait for the revised contract between the United Auto Workers (UAW) and three major automakers which is due tonight.
Buyers in China remain active in the market, and the demand has pushed butt branded steers back up $0.50 from yesterday $0.50 decrease. Heavy Texas and branded steers traded steady along with branded heifers. Shoe tanners in China remain very quiet and the interest that they have displayed was at price levels that were several dollar down from last reported levels.
U.S. Export Sales & Shipments for Week Ending September 7
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending September 7, export sales for the 2023 marketing year increased 11 percent, from 484,840 to 540,302 while shipments decreased 10 percent, from 530,186 to 474,562. Sales for the 2023 marketing year totaled 18,947,976 — mostly all hides….
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...