Hide trading today was active with some buyers willing to pay steady to lower prices. Colorado Branded Steers, Butt Branded Steers and Native Heifers were all sold at price levels $1- $1.50 lower than last traded for regular weight material.
Automotive tanners remain active in the market but for small volume deals. Tanners remain wary of the near-term market due to the ongoing strike at several auto plants.
Upholstery and shoe tanners traded hides this week but are pushing for lower prices due to slow leather orders. Some of the larger buyers are willing to pay steady to current market prices after some negotiation with packers.
U.S. Export Sales & Shipments for Week Ending October 12
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending October 12, export sales for the 2023 marketing year increased 14.4 percent, from 461,839 to 528,483, while shipments increased 0.7 percent,…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...