Hide trading ended the week with a few active trades. Branded steers traded $0.50 below yesterday’s price levels. Both dairy and branded cows traded $0.25 lower. Sources reported that there is a lot of negative price pressure in the branded steer market. The auto industry is starting to slow down on continued inability to procure adequate chip supply. However, buyers that were initially interested in branded steers, now might shift their attention towards buying butt and native steers while the price is low.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending January 13, export sales for 2022 marketing year increased 77 percent to 389,900 from 220,069 and shipments increased 130 percent to 527,100 from 229,193….
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...