The US hide market showed minimal activity on Tuesday January 21, with market participants reporting trades for butt branded steer (BBS) and Colorado branded steers (CBS) both down by $0.25 per piece.
Cattle slaughter forecast
Fastmarkets’ research team has forecast cattle slaughter at 610,000 head for the week to January 25, up by 1.16% from the prior week but down by 0.78% from the year prior.
Over the next six weeks, Fastmarkets’ research team projects cattle slaughter to average 602,500 head per week, down by 1.16% year on year and by 0.08% from the prior six-week average.
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02.28.2025
Chinese plant begins producing SAF, RD for export to Europe
China-based Jiaao Enprotech began production at its sustainable aviation fuel (SAF) and renewable diesel plant in Lianyungang in Jiangsu province in December, the company told Fastmarkets on Wednesday February...
02.28.2025
CWG bucks the trend in an otherwise sluggish week for fats and oils
After a sluggish week of trading, activity in the US animal fats and oils markets increased at the end of the month, with prices averaging mostly steady to slightly...
02.28.2025
Bloodmeal prices surge through February
Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...