It was more of the same ol’ same ol’ for the US hide market last week with prices falling a dollar or two on steers and a dollar on cow selections. Popular packer steer selections including HNS sold from $68 to $69, BBS at $67, HTS $62 and BS at $60 FOB plant. The Jacobsen Hide Index closed on Friday down $1.21 from a week ago at $60.28. It remains difficult to estimate the volume of hides traded, but a few suppliers report they sold less than…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...