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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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...