Several market participants reported that a minimal number of hide sales occurred during the week ended Friday August 23, although many anticipate more trading during the All-China Leather Exhibition (ACLE) in early September.
The buying interest during the week was due to attractively low hide prices and the the fact that the hides available were the better-quality material of the summertime.
Native cow, dairy cow, branded cow, kip skin and small packer hides traded sideways to last reported prices, whereas native and branded bulls traded lower by $0.50 per piece from the previously reported levels. A bull seller said they had hides available, but demand was low. Sale prices were the best bids received.
Actual slaughter by classification
Table 1
…
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...