Heavy Native Steers Trade Up & Leather Prices Firm

Heavy Native Steers Trade Up & Leather Prices Firm

Heavy Native Steer, Branded Steer, Heavy Texas Steer and Colorado Branded Steer selections all moved up today as auto and furniture demand continues to push hide prices higher. Despite the rising COVID-19 cases, leather prices remain firm. Korea, Thailand and Taiwan have been more active in the market this week, whereas China has shown a bit more resistance. 


Today’s Trades

[HIDE-SALES]


U.S. Export Sales & Shipments for Week Ending November 12

USDA Cured Hide and Wet Blue Export Sales Recap

For week ending November 12, export sales for 2020 marketing year decreased 13 percent to 352,688 from 406,152 and shipments increased 28 percent to 590,981 from 462,899. Sales for marketing year 2020 totaled 23,614,150—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 610,009, total export sales were 513,351 and total export…

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05.07.2024

Singapore Airlines Group orders SAF from Neste ahead of mandate

Singapore Airlines Group orders SAF from Neste ahead of mandate

The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.

SIA...

05.07.2024

Animal fats prices to US Gulf jump on growing demand

Animal fats prices to US Gulf jump on growing demand

Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...

05.07.2024

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.

Fastmarkets...

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