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…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...