In Thursday’s market, sources reported consistent prices for Heavy Native Steers (HNS), Butt Branded Steer (BBS), and Colorado Branded Steers (CBS). Additionally, Heavy Branded Heifers (HBH) showed a $0.50 increase compared to yesterday’s price levels. Market participants observed notable activity in the cow market while the automotive and footwear industries are currently awaiting new orders as business has been very slow.
U.S. Export Sales & Shipments for Week Ending February 1
USDA Cured Hide and Wet Blue Export Sales Recap
For the week ending February 1, export sales for the 2024 marketing year decreased 70.8 percent, from 718,229 to 342,634 and shipments decreased 5.9 percent, from 511,652 to 482,119. Sales for the 2024 marketing year totaled 2,676,873, mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 588,859. Total export sales were 535,375 and total…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...