Mid-week activity in the US hide market continues to be slow with offers the same as last week and producers hoping to hold prices steady. Several suppliers noted interest is also quiet; however, they remain hopeful more buyers will step in from the sidelines. Pending changes this week, trade levels for popular packer steers include HNS from $66 to $67, BBS at $65 and HTS at $62.
Today’s Market
The market…
01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
01.13.2025
Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
01.13.2025
Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...