Sluggish demand has the hide market this week under pressure once again as producers push for steady money and try to keep hide sales flowing with increasing kills. Bid reports are mixed from good-to-very quiet and price the common thread as buyers continue to push for lower prices.
New reports on slumping China manufacturing weighted on US stocks yesterday with concerns for growth in China and Europe erasing all of the previous day’s…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...