Steer hide trading was done at higher price levels than yesterday, but in line with prices two weeks prior. Regular weight heavy native steers were sold at $36.50 per piece and butt branded steers were sold at $33.50 per piece. Other sellers reported continued pressure on hides intended for automotive, but steady levels is achievable.
More automotive plants went on strike yesterday, adding greater concern of future hide demand for sellers and auto tanners.
Actual Slaughter by Classification
Table 1.
…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...