Hide trading today was active with some buyers willing to pay steady to lower prices. Colorado Branded Steers, Butt Branded Steers and Native Heifers were all sold at price levels $1- $1.50 lower than last traded for regular weight material.
Automotive tanners remain active in the market but for small volume deals. Tanners remain wary of the near-term market due to the ongoing strike at several auto plants.
Upholstery and shoe tanners traded hides this week but are pushing for lower prices due to slow leather orders. Some of the larger buyers are willing to pay steady to current market prices after some negotiation with packers.
U.S. Export Sales & Shipments for Week Ending October 12
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending October 12, export sales for the 2023 marketing year increased 14.4 percent, from 461,839 to 528,483, while shipments increased 0.7 percent,…
09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...