In Thursday’s market, sources reported consistent prices for Heavy Native Steers (HNS), Butt Branded Steer (BBS), and Colorado Branded Steers (CBS). Additionally, Heavy Branded Heifers (HBH) showed a $0.50 increase compared to yesterday’s price levels. Market participants observed notable activity in the cow market while the automotive and footwear industries are currently awaiting new orders as business has been very slow.
U.S. Export Sales & Shipments for Week Ending February 1
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending February 1, export sales for the 2024 marketing year decreased 70.8 percent, from 718,229 to 342,634 and shipments decreased 5.9 percent, from 511,652 to 482,119. Sales for the 2024 marketing year totaled 2,676,873, mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 588,859. Total export sales were 535,375 and total…
07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
07.25.2024
Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...