Automotive Tanners in Demand for Heavy Native Steers

Automotive Tanners in Demand for Heavy Native Steers

Market Update

Buying activity was active today with the majority of interest from Chinese and Mexican tanners. Automotive tanners were actively inquiring in the market today after receiving increases in leather order volumes from Original Equipment Manufacturers (OEMs) for August. The demand from the automotive industry for heavy native steers (HNS) drove up prices this week and packers try to negotiate prices up another $0.50.

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

05.14.2024

LCFS credit trading volumes, prices decline on week

LCFS credit trading volumes, prices decline on week

California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...

05.14.2024

Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average

Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average

Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...

05.14.2024

Dog, cat food exports for Q1 2024 drop in price, volume year on year

Dog, cat food exports for Q1 2024 drop in price, volume year on year

Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...

Latest Tweets