March 4
Slaughter is unchanged from last week.
Good quality Buenos Aires wet salted heavy steers continue quoting upwards from last weeks, now at about US$0.40~0.45 per kg.
This price is very firm because, according to pundits, there are no wet salted hides left, therefore wet salted exporters have entered into the raw fresh market as well.
Demand continues to be stable for footwear and leather goods and firm for automobiles.
February 25
While the slaughter pace is back to normal, raw fresh green hides have already increased 100% from week 2 to 7.
Some believe there still is strong demand to export wet salted hides, which could be motivating the firmness of the raw hides market.
Feedlots continue decreasing their supply, which increases the field fattening with pastures.
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11.25.2024
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
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
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...