Sellers put together offer lists today with asking levels close to steady with the last traded levels on most selections. Some sellers are in position to offer at higher than last traded prices on cow selections after moving large volumes of material last week at steady to current market price levels.
Suppliers have steer hides that they are looking to move this week and the negeative price pressure on heavy native steers (HNS) continues. With automotive tanners relatively out of the market, interest for HNS has dwindled. Some buyers were willing to pay steady price levels today for premium material but there are talks of price decreases in the near-term.
Cured and Wet Blue Export Shipments by Selected Countries — Through May 4
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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...
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BFT, soybean oil weekly average prices tumble
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05.03.2024
US animal protein prices remain under pressure; soymeal rises
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