**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…
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...