Strong August Furniture Sales Despite Bearish Chinese & US Housing Markets

Strong August Furniture Sales Despite Bearish Chinese & US Housing Markets

Midweek hide trading was active for steer and cow hides.
Automotive tanners showed demand for Heavy Native Steers (HNS) with some willing to pay at higher levels than others. One buyer purchased light-weight HNS at $36 while another purchased regular weight material at the same price as the lightweight trade.
Regular weight Butt Branded Steers (BBS), regular weight Colorado Branded Steers and lightweight Colorado Branded Steers (CBS) traded lower than yesterday’s levels. Trades for BBS were down $1 from last traded levels on packer material and CBS were $0.50 down on light and regular weight packer material.
Sellers reported continued price pressure from buyers for current market levels on Colorado branded steers.
Dairy and branded cows all were traded today at steady to current market levels. Sellers reported firm interest from furniture upholstery tanners in China.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.01.2024

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...

05.01.2024

Distillers’ corn oil production moves higher

Distillers’ corn oil production moves higher

Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.

Used cooking oil (UCO) and yellow grease traded...

05.01.2024

Animal protein prices steady amid avian flu outbreak

Animal protein prices steady amid avian flu outbreak

US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...

Latest Tweets