Hide traders and processors reported reduced demand for US cow hides on Tuesday September 10 due to an abundance of material offered from South America, but packers said there was better demand for their cow hide material — pollution inspections in China’s Wuji County have ended, which led to increased interest from buyers in the region and higher split prices.
Several hide sellers reported that incoming bids on Tuesday were flat to lower than last-traded prices, particularly in the case of Chinese buyers. Demand from furniture tanners was firm, but competing material from South America took some buyers away from the US hide market.
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
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Price pressure on ruminant meat...