Sellers reported continued trading activity following weekend negotiations. Hides traded steady to current market pricing, or sometimes higher, for material that the Price Guide does not include, such as premium Native Cows, premium Dairy Steers and wet blue hides. Regular weight Heavy Texas Steer hides were traded at $24/piece, which is down $2.50/piece from yesterday’s report and steady with last Friday’s levels.
Tanneries in China are expected to shut down for Lunar New Year (LNY) celebrations beginning mid-January for several weeks, depending on the incoming leather orders. Typically, tanneries will reopen in beginning of February, but some may extend the closure for a few weeks longer if they do not have many leather orders.
Packer offer lists are expected to be released tonight with similar selections and price offers as last week.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...