Brazil
Market activity remained on the low-side given the upcoming end-of-year holidays. Many market participants told Fastmarkets that the slow activity was expected to continue throughout mid-December to early January.
The price of Brazilian wet blue TR1 hides remained unchanged from the week prior at $0.58-$0.64 per square foot CFR during the week to Thursday December 19, a few sellers told Fastmarkets.
South American hide prices
Europe
There were no significant changes in the European hide market over December 3-17. Suppliers reported that they tried to increase asking prices and refused all bids which were below last-traded levels. In the end, hides changed hands at prices which were very close to what…
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,...
12.20.2024
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...