Native Steer & Butt Branded Steer Prices Decrease

Native Steer & Butt Branded Steer Prices Decrease

**Please note – The Jacobsen will not publish a Hide bulletin on Friday, December 31st.  Trading will close at 1 pm CT on Thursday, December 30th with publication shortly after.**

 

 

The was a very quiet tone to the hide market today with minimal trades reported. Heavy Native Steers were reported $1 lower than last traded levels with sellers indicating further expected downward pressure on other steer hide selections. Another seller reported Butt Branded Steers down $1-$2 depending on the weight class. Buyers and sellers have both reported significant inventories and no improvement in the transportation of previous sales. The week is expected to remain quiet partially due to extended holiday breaks for many market players. 

For the week ending December 31st, 2021, cattle slaughter is forecasted at 525,000 head, a 1.9 percent increase from 2020, a 9.8 percent growth from the…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.03.2024

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

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

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 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...

Latest Tweets