Hide demand from Korea remains firm with sales in small volumes and at steady prices. Chinese customers have sent in bids, but at lower prices than last trading levels. The selections with the most interest are for Branded Steers (BRS), Butt Branded Steers (BBS) and Colorado Branded Steers (CBS). BBS traded up $4 today, returning to last Thursday’s price levels, driven by firm automotive leather business.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending April 15, export sales for 2021 marketing year increased 29 percent to 430,114 from 333,365 and shipments increased 3 percent to 512,343 from 496,434. Sales for marketing year 2021 totaled 7,570,308—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 638,149, total export sales were 504,687 and total export shipments were…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...