Hide interest was minimal on April 16, as was the day prior, but Colorado Branded Steers (CBS) hides traded sideways to last reported levels. Most buyers are not showing urgency to buy new material but are active in the market when there are leather orders present. Several sellers and buyers reported there was a recent lack of leather orders, which resulted in a pullback of demand from tanners.
Offer lists will be released tonight which may be longer than the week prior, according to a few US sellers.
Cured and Wet Blue Export Shipments by Selected Countries — Through April 4
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04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...