Hide trading on Tuesday May 14 continued with the same quiet tone as the day prior, and sellers reported minimal hide demand from buyers. US hide sellers are expected to release hide offers during the night of Tuesday.
A few sellers said that they received buyers at price levels consistent with the week prior.
The consumer price index (CPI) report for April is expected to be updated on Wednesday May 15. Several economists expect the core CPI to increase by 0.3% from the month prior, which was recorded at 3.8%.
Cured and wet blue export shipments by selected countries through May 2
Table 1
Table 2
…
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...