Midweek trading was minimal with one trade reported for regular-weight Butt Branded Steer (BBS) hides, down $0.50/piece. The trade is at an unchanged price from the seller’s last reported trade.
Buyers were actively bidding for material, approximately $1/piece to $2/piece lower than last traded levels. Sellers feel confident most selections will sell at steady to current market price levels.
Buyers bidding on cow hides were more resistant to current market offer levels today than they have been in the past several weeks. Upholstery tanners remain very active in the market but have discussed that the seasonally slow time is approaching for hide buying.
…
05.09.2024
Michigan among growing list of US states incentivizing SAF
Following the passage of federal tax credits for production of sustainable aviation fuel (SAF), state governments across the US have been implementing tax credits of their own to secure...
05.09.2024
US fat exports hit multi-month high on shipments to Singapore
Four cars of packer bleachable fancy tallow (BFT) and four cars of choice white grease (CWG) traded higher on a Chicago basis on Thursday. Packer BFT was up to...
05.09.2024
Ruminant meat and bonemeal relative to CBOT soybean meal drops
US animal protein prices were steady on Thursday May 9 following multiple reports of limited trade.
Ruminant meat and bonemeal relative to soybean meal
Ruminant meat and bonemeal...