Several market participants reported an increase in bidding on Friday September 27 and a strong week of closed trades. Most credited the activity to the furniture upholstery sector, Asian, Mexican and Korean automotive sectors and mild interest from the large footwear sector of the leather market.
Hides were traded lower on Friday than last traded levels. Some sellers were forced to sell lower due to the discounted trades that competitors were accepting. Regular-weight butt branded steers, branded steers and Colorado branded steers sold $0.50 per piece, $1.25 per piece and $0.50 per piece lower than trades reported the day prior.
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10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
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Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
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Hog producers and production facilities...