A few hide sellers received a large volume of bids for a variety of hide selections on Wednesday August 14, the second consecutive week that interest was firm. But the threat of a possible rail strike at Canada National Railway Company and Canadian Pacific Kansas City was a possible disruption for a few market participants.
A big packer sold regular weight butt branded steers at $25.50 per piece today, which recovered the price from the decrease from the day prior to $24 per piece. The light and regular weight heavy native steer hides sold at sideways levels, despite reports of possible price easing driven by weak automotive hide demand.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...