Market Update
The week closed with limited closed trades today, but several sellers expect more business over the weekend due to the high number of bids that they received.
Regular weight Butt Branded Steer (BBS) hides were reported $0.50/piece lower than yesterday’s trades for both packer and processor material. A few packers offered BBS hides, as well as other steer selections, at lower than current market price levels in large volumes.
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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,...
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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...