**Please note, The Jacobsen will close at 1:00CT on Wednesday and will not publish a bulletin on Thursday and Friday in observance of the Thanksgiving holiday.**
Carryover trading from the week was called steady to from Friday’s close, except for packer regular weight heavy Texas steers, which traded $1 higher than Friday.
Last week, negotiations were difficult between buyers and sellers as buyers were firm on lower than current market price levels. Some business was able to be wrapped up Monday while others passed on the offer price.
Business is expected to be minimal with Revolution Day, a holiday in Mexico today, and the Thanksgiving holiday break for the US on Thursday.
Contacts have communicated that hides coming from recent slaughter production are getting heavier in weight, with the progression into the winter season.
Cattle Slaughter Forecast
Cattle…
09.19.2024
SAF roadmap, collaborations announced at Bali International Airshow
At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...
09.19.2024
US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say
The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.
09.19.2024
Animal protein prices steady; August cattle, hog slaughter down
US animal proteins were rangebound on Thursday September 19.
August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...