Steer hide prices rose today, with prices increasing anywhere between $2.50 and $4 from yesterday. Despite the slowdown due to the limited supply of microchips, automotive upholstery demand continues to be firm with prices steady to last Thursday’s levels for Butt Branded Steers. Container availability issues in Asia have not slowed cow hide demand for furniture upholstery , with trading continuing at steady prices.
[HIDE-SALES]
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending January 21, export sales for 2021 marketing year decreased 20 percent to 452,375 from 565,928 and shipments decreased 4 percent to 507,079 from 530,150. Sales for marketing year 2021 totaled 1,961,209—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 653,736, total export…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...