Bidding Active for US Hide Market

Bidding Active for US Hide Market

Bidding activity midweek was active for both, steer and cow hide markets. The highest bids from tanners were steady to last traded levels or $1 less. Some sellers are in position to ask for more than last traded levels since their inventories were low enough and they have received sufficient demand. No trades were concluded today.
Sellers thoughts on the near-term market is positive since demand has been consistent and buyers are willing to pay current market levels with minimal resistance. When footwear tanners return to the market mid-summer, in accordance to seasonal patterns, demand is expected to increase further. 

Cured and Wet Blue Export Shipments by Selected Countries  â€”  Through June 8

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

01.14.2025

EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook

EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook

The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...

01.14.2025

DCO tracks soybean oil prices higher; fats markets unchanged

DCO tracks soybean oil prices higher; fats markets unchanged

Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.

Membership required to view content.
, published...

01.14.2025

USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate

USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate

Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...

Latest Tweets