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.
…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...