Slow Footwear Business in China

Slow Footwear Business in China

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June 18

Slaughter continues at full pace, and their fresh raw hides continue valueless, at zero Pesos.

Buenos Aires wet salted heavy steers continue to be offered a lot, but very little demanded, dropping again, quoting downwards at about US$0.04 per kg.

Today, some tanneries are working at about 10-20% of their capacity.

With holidays coming in the Northern Hemisphere, there are no signs of revival at the moment.

June 11

In May, 1,168 million cattle head were sent to slaughter, down 1% from April and from May 2019.

If adjusted for business days, the comparison respect April, marked a monthly rise by 9%, and 14%…

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11.25.2024

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”

Kosher glycerin supplies are “getting tighter,” according...

11.25.2024

Packer BFT, CWG trade higher; hog slaughter down week on week

Packer BFT, CWG trade higher; hog slaughter down week on week

Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.

Five cars of packer BFT traded...

11.25.2024

Cattle slaughter six-week average projection down for holiday season

Cattle slaughter six-week average projection down for holiday season

Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.

Price pressure on ruminant meat...

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