The Jacobsen will implement new Friday publication hours next Friday, September 22. The deadline for trade reporting will be at 1 p.m. CST with publication of the Hide & Leather Price Guide/Commentary soon after.
The US hide market ended the week on a quiet tone following the United Auto Workers (UAW) decision to go on strike at plants of three major US automakers. The strike is due to the failure of negotiations between union members and automakers on terms of pay and benefits. Hide tanners in the automotive industry have requested for delays on shipments and are now inactive in making new purchases.
Upholstery tanners from China are now attempting to push prices down due to the strike, but sellers have indicated that they are not in position where they need to lower prices from current…
07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
07.25.2024
Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...