**Lexi Watts out of office from Tuesday, July 11 to Thursday, July 13. Please contact Ryan Capozziello at [email protected] or 203-892-7209
Hide trading was active after Friday’s close bringing light-weight heavy native steers (HNS) up $1.50. Auto tanners were active in the market last week after Original Manufacturers Equipment (OEMs) increased their leather needs giving tanners the go ahead to make new purchases.
Packers and seller compile their offer lists today and tomorrow. They expect to have limited availability on steer hides due to well sold positions but good volume of cow and wet blue hides available.
Cattle Slaughter Forecast
Cattle slaughter is forecast by The Jacobsen at 645,00 head this week, up 19.67 percent from last week and down 4.12 percent from last year. Cattle slaughter finished last week at an estimated 539,000 head, down 16.69 percent from…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.