Steer trading was active today at steady levels except for heavy Texas steers (HTS) trading $2 higher than last reported price levels. Buyers in demand for HTS were willing to pay higher prices for material to receive prompt shipment and sellers were able to raise prices due to tight supply.
Buyers of steer hides were more willing to pay steady to current market pricing this week without much resistance giving sellers more confidence to try raising their counters and offers next week.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...