Hide trading was active over the weekend for cow hides and premium quality Dairy Steers. Sellers pushed for higher cow hide prices as sellers report well sold positions and continuous, firm demand from the furniture upholstery sector.
While automotive tanners in Mexico remain relatively inactive, Chinese automotive tanners are bidding low steer hide prices in attempt to purchase material that sellers need to move. Several sellers reported bids for Butt Branded Steer (BBS) hides to range $25/piece to $28/piece at the start of the week.
Cattle Slaughter Forecast
Cattle slaughter is forecast by The Jacobsen at 650,00 head this week, which is down 1.88 percent from last week and down 0.45 percent from last year. Cattle slaughter finished last week at an estimated 637,000 head, up 3.07 from the week prior and relatively unchanged from last year. Over the next six weeks, slaughter is forecasted at an average of…
10.07.2024
CleanJoule seeks to break SAF blend wall, lower price
Startup producer CleanJoule says its sustainable aviation fuel (SAF) process could allow for blends of up to 100%, and could eventually be priced competitively with conventional jet fuel, Mukund...
10.07.2024
European market for animal fats and oils higher on strength in biodiesel, gasoil markets
Distillers’ corn oil (DCO) traded lower into Manly, Iowa on Monday October 7, falling by 0.25 cents per lb from the last traded price, the lone report in what...
10.07.2024
US poultry by-product prices steady to lower; hog slaughter forecast higher in Q4
Trading was mostly quiet in the US animal protein market on Monday October 7, with minimal price changes reported. Poultry items were indicated as steady to lower, though price...