Hide trading in the US was minimal on Wednesday July 17, with sources reporting limited activity.
Northern heavy native cows (NHNC) traded down by $1.25 per piece to $10.50 per piece, and Northern branded cows (NBC) traded down by $0.50 per piece to $5.25 per piece.
Meanwhile, Southwestern branded cows (SBC) traded down by $0.50 per piece to $5.00 per piece.
US drought conditions
Oklahoma State University reports that the US beef cattle industry faces critical challenges due to worsening drought conditions.
The US Drought Monitor reveals that 16.44% of the US and Puerto Rico and 19.43% of the lower 48 states were enduring drought in the week to July 9. These figures have risen by 4% since last week and an alarming 67.1% since last month.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...