Hide, leather markets face headwinds of bearish economy, increasing supply

Hide, leather markets face headwinds of bearish economy, increasing supply

The hides and luxury leather markets continued to face significant challenges due to global economic pressures and shifting supply-demand dynamics on Monday December 9. In the luxury leather sector, traders reported that the market is holding on despite headwinds. Brand sales performance was negatively impacted by China’s economic slowdown, which weighed heavily on demand for luxury goods. Sources said recovery is anticipated to begin in 2025, but the improvement is expected to be gradual.

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02.04.2025

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.

Six railcars...

02.04.2025

Light trade volume leaves most US animal protein prices flat

Light trade volume leaves most US animal protein prices flat

Light trade volume was reported in the US animal proteins markets for Tuesday February 4.

Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...

02.04.2025

December US soybean crush, corn consumption up month on month

December US soybean crush, corn consumption up month on month

US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...

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