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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01.23.2025
Chicago animal fats and oils market trades higher on strong demand, tight supply
Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...
01.23.2025
Winter weather impacts poultry production; December cattle, hog slaughter under prior year
Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.
The only product under negative price pressure...
01.23.2025
Brazil’s tallow export prices climb, domestic bid-offer gap widens
Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...