Hide trading was quiet today while buyers and sellers finalize purchases. For the past six weeks the market before Thursday has been used for price and volume negotiation. Buyer interest and bids continue to come in at current to higher price levels for many steer selections. Dairy Cows and Native Cows are in demand, but Branded Cows interest is flat.
Eased COVID-19 restrictions due to widespread vaccination have encouraged pre-pandemic activities to return, bringing consumer attention back to footwear. Federal Reserve Economic Data (FRED) for retail shoe sales were posted at $3.3 billion in April-the second consecutive month to track above historic March and April sales. April’s sales were 21 percent higher than April 2020 sales and 14 percent higher than the 2016-2019 average for April. These record high spring sales signify recovery for the footwear industry in multiple sectors. Coming out of the pandemic,…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...