A few hide sellers received a large volume of bids for a variety of hide selections on Wednesday August 14, the second consecutive week that interest was firm. But the threat of a possible rail strike at Canada National Railway Company and Canadian Pacific Kansas City was a possible disruption for a few market participants.
A big packer sold regular weight butt branded steers at $25.50 per piece today, which recovered the price from the decrease from the day prior to $24 per piece. The light and regular weight heavy native steer hides sold at sideways levels, despite reports of possible price easing driven by weak automotive hide demand.
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10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...