Hide bidding activity was slow midweek in comparison to the week prior. Of the bids received, steer hides were several dollars below offer prices particularly on heavy native and butt branded steer. Buyer bids are for smaller volumes than last week as well. Some sellers have received bids unchanged from current market pricing for dairy cows and minimal interest for plump cows.
Hide demand as well as vehicle sales are expected to recover with lowering interest rates.
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11.22.2024
Biodiesel margins rise, but window of opportunity limited
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Gulf prices average higher despite weeklong declines in SBO
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Bloodmeal largest price mover week on week; November cattle on feed higher
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