Hide market quiet amid depressed leather prices

Hide market quiet amid depressed leather prices

Several sellers said market activity on Tuesday April 30 was limited, but bidding volumes are expected to increase after most hide offer lists are released.

Fastmarkets’ assessed regular weight heavy native steer (HNS) hides at $31 per piece, down by $1 per piece from Monday April 29. The assessment decreased to bring the lightweight selection in line with the regular weight selection after HNS hides were traded at $31 per piece the day prior. Historically, lighter weight hides are slightly less expensive than or of equal value to the heavier weight selection.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.15.2024

Soybean oil stocks fall with slowing April crush

Soybean oil stocks fall with slowing April crush

The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...

05.15.2024

Animal fat prices steady; DCO production rises week on week

Animal fat prices steady; DCO production rises week on week

Prices for animal fats were flat on Wednesday May 15 with limited trade volume reported while several participants indicated they had traded ahead of the current week due to...

05.15.2024

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Poultry by-product pet-grade prices lower in US Southeast, mid-South

Animal protein prices were steady to lower on Wednesday May 15, with several participants returning from Fastmarkets Biofuels & Feedstocks Event in Chicago for the day.

Fastmarkets price...

Latest Tweets