Today’s Market
There’s been improvement on the bottom of the price guide material today. Dairy Cows have seen an increase for processed hides, moving up to $14 on the Northern and $12.50 on the Southwestern. Small Packer are now trading at $7, Branded Bulls are up from $8 to $12, and Kip Skins are steady at $12. Processor Branded Steers have also moved up $2, to $18. Other than Branded Steers, there have been steer pricing discussions, but minimal sales at this point in the week. Reportedly, prices are tracking at steady ranges, falling just a few dollars shy of pre-pandemic levels on the majority of the selections. For example, mid-weight Heavy Native Steers are $5.75 less than where they were one year ago.
[HIDE-SALES]
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04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
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Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
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