Native heifers were reported $2 lower today, but a big packer reported a bid for $3 less than last traded levels. Bids from Chinese customers were a bit higher today than earlier in the week but were still less that the current market levels. Continued issues revolving shipping and deliveries are ongoing, causing further cancelations and delays.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending December 30, export sales for 2021 marketing year increased 1,430 percent to 105,264 from 6,879 and shipments increased 37 percent to 540,357 from 394,543. Sales for marketing year 2021 totaled 25,328,375–mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 637,021, total…
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...