The US hide market remained quiet on Wednesday February 26, with no new trades reported and prices holding steady. Market participants reported some interest on steers and dairy cows, but this was not strong enough to impact pricing.
The chart below compares domestic auto production with total vehicle sales in the US for 2023 and 2024. While vehicle sales in 2024 have generally increased compared with 2023, production showed a significant decline. Notably, production experienced sharp drops mid-year and in December 2024, whereas vehicle sales fluctuated throughout the year.
…
02.26.2025
US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment
The US animal fats and oils markets held mostly steady on Wednesday February 26 as sentiment softened amid expectations that prices may have little room left to move higher,...
02.26.2025
Single species MBM prices rise; mixed species MBM continues to lag
Porcine meat and bone meal (MBM) prices were higher on Wednesday February 26, trading up to $280 per ton FOB Missouri River and Eastern Iowa/Illinois.
Sources reported that...
02.26.2025
US weekly ethanol production drops; stocks hit 4-year high
US weekly average ethanol production decreased to 1.081 million barrels per day in the week to February 21, according to the US Energy Information Administration (EIA) report released on...