There is little good news for the US hide market with prices continuing to fall and problems with customers bailing on suppliers overwhelming. More and more people are comparing this market to the correction in 2008/2009. To help put the two markets into perspective, we are including a chart and analysis showing the average monthly prices for the Jacobsen Hide Index (JHI), Butt Branded Steer (BBS) and Northern Branded Cow (NBC) prices covering…
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...