A seller told Fastmarkets that steer hide bids were on average down by $2 per piece from the previous level and cow hide bids were on average down by $3 per piece down from the last-traded level.
Hides of northern dairy cow and southwestern dairy cow traded $0.50 per piece lower at $18 per piece and $17 per piece respectively, down from $18.50 per piece and $17.50 per piece previously, while northern native cow (NHNC) hides traded down by $1 per piece at $16 per piece compared with $17 per piece previously.
The price spread between NHNC hides and lightweight Colorado branded steer hides was $2.50 per piece on April 24, narrowing from $9.50 per piece the year before. The tighter price spread is due to active buying from furniture tanners, slow buying from shoe tanners and lower cattle hide supply.
…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...