Hide trading was limited today as some negotiations go into the weekend due to the shorter US holiday week. Steer hides traded at steady price levels to the week prior, for most case. Cowhides traded steady but sellers with negotiations heading into the weekend are attempting to receive slightly higher levels.
Cowhides and low-quality hides were in the most demand this week.
The Senate approved the bill to raise the debt ceiling to help avoid a default on US debt. The hide market sellers remarked that this offer a bit of relief, but the struggling economies of China and Europe continue to weigh on demand for leather goods.
U.S. Export Sales & Shipments for Week Ending May 25
USDA Cured Hide and Wet Blue Export Sales Recap
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Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
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Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
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Sausage casings bulletin, January 10, 2025
Runner market commentary
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