Hide buyers remain active negotiators in the US market with greater success this week in keeping prices to steady to slightly higher. Packer offers were $1-$2 higher this week, sources noted increased price resistance especially from the Chinese tanners struggling to raise finished leather prices.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending July 8, export sales for 2021 marketing year increased 16 percent to 598,391 from 517,44 and shipments decreased 19 percent to 406,501 from 501,277. Sales for marketing year 2021 totaled 14,088,024—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 637,958, total export sales were 521,779 and total export shipments were 500,109.
…
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...