The week closed with steer hide reports down $0.50 to $1 from last traded levels. Bids from Chinese tanners were firm on lower than current market prices this week. Some sellers needed to sell and took lower prices in order to keep product moving. Some sellers expect negotiations to continue into the weekend which could start next week off with a lot of activity.
Actual Slaughter by Classification
Table 1.
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...