US Hide Market Closely Watching UAW Contract Deliberations

US Hide Market Closely Watching UAW Contract Deliberations

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….

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09.29.2023

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...

09.29.2023

Hemp Extracts Continue to Vex State Governments

Hemp Extracts Continue to Vex State Governments

We reported two weeks ago that Missouri regulators recalled 62,000 products after discovering Robertsville-based Delta Extraction substituted hemp-derived isomers of CBD, like...

09.29.2023

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Trading was quiet today with no changes reported despite a big drop in the soybean meal market.
The animal proteins market has been mostly sideways this week with most...

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