Hide Prices Soften This Week

Hide Prices Soften This Week

The week wrapped up trading on a softer tone. Several selections of steer and cow hides decreased in price by $0.50 to $1.50 per piece. Chinese tanners sensed sellers needed to move material, so they pushed firmly for lower price levels from last week. Some sellers accepted these levels, while others continued to negotiate with buyers. Countering activity is expected to carry into the weekend.

Actual Slaughter by Classification

Table 1. 

Membership required to view content.

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

11.27.2023

Appeals Court Strikes Down EPA’s Denial of SREs

Appeals Court Strikes Down EPA’s Denial of SREs

*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.

On November 22, a U.S. appeals court struck down a decision...

11.27.2023

Cattle Slaughter Forecast Lower to Close out 2023

Cattle Slaughter Forecast Lower to Close out 2023

The market was very quiet today coming off of the long holiday weekend. Most were getting their logistics and bid/offer ideas ready for the week and looking ahead to...

11.27.2023

Hog Slaughter Forecasted Above 2022 Into December

Hog Slaughter Forecasted Above 2022 Into December

Pressure on ruminant meat and bonemeal continues to be reported on accounts of excess offerings from slowed/diminished export trade. Participants communicated low $200s per short ton on ruminant meat...

Latest Tweets