Today’s Market
Mid-week brought a few modest changes to Dairy Cow and Native Cow hide prices. Northern Dairy Cow prices increased $1 to $19 for packer material. Northern Native Cow hides are steady on packer selections at $14 but increased $1 for processor material. There have been more reports of resistance from European and Chinese customers, mainly due to the worsening COVID-19 situation in Europe causing further lockdowns.
[HIDE-SALES]
Federal Reserve Economic Data (FRED) updated their figures for retail auto sales in the US and August reached $102.1 billion, which is above last year’s levels by 5 percent. August 2020 has achieved 14 percent above the prior four-year average for the month. From 2015 to 2019, auto sales have been growing annually at a rate of 13.8 percent. April…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...