Bidding activity for US hides was active today. Multiple sellers reported an influx of bids from several leather sectors, including footwear. Sellers speculate that tanners have leather orders in hand and have worked through most inventory.
Automotive tanners are beginning to plan for December buys and expect volumes to be fairly consistent with the small volumes, similar to where they’ve been. Most are buying at an as-needed basis.
U.S. Export Sales & Shipments for Week Ending October 19
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending October 19, export sales for the 2023 marketing year increased 20.1 percent, from 528,483 to 634,779, while shipments increased 0.16 percent, from 567,274 to 568,178. Sales for the 2023 marketing year totaled 22,437,164 — mostly all hides. The average year-to-date weekly trends for federally-inspected slaughter were 621,938. Total export…
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,...