Hide trading was active today for cow, butt branded steers (BBS) and branded steers. Some sellers reported strong demand for lower priced hides, selling good volume at steady to current market price levels. Steer hides are more difficult to sell at steady levels, but some packers managed trading butt branded steers at steady to yesterday’s price level and branded steers up $1.50 from yesterday’s close. The BBS trade was $0.50 higher than price levels from two days prior.
Automotive and furniture upholstery demand were firm this week for hides to be delivered prior to Chinese Lunar New Year. Footwear tanners remain absent from the US hide market or the bids are several dollars lower than least reported price levels.
U.S. Export Sales & Shipments for Week Ending November 23
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending November 23, export sales for the 2023 marketing year decreased 5.15…
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...