The hide market was quiet on Monday September 16, with no trades reported. Market sources noted that the MICAM Milan international footwear exhibition kicked off on Monday, leading sellers to anticipate a slow week with minimal trading.
Cattle slaughter forecast
Fastmarkets’ research team forecasts cattle slaughter at 615,000 head in the week to Saturday September 21, down by 1.86% week on week and down by 0.8% year on year.
Cattle slaughter in the week ended Saturday September 14 was at an estimated 620,000 head, down by 1.77% week on week but up by 14.4% year on year.
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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
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...