Hide demand from buyers minimal; outstanding hide sales increase

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Hide demand from buyers minimal; outstanding hide sales increase

Hide trading on Tuesday May 14 continued with the same quiet tone as the day prior, and sellers reported minimal hide demand from buyers. US hide sellers are expected to release hide offers during the night of Tuesday.

A few sellers said that they received buyers at price levels consistent with the week prior.

The consumer price index (CPI) report for April is expected to be updated on Wednesday May 15. Several economists expect the core CPI to increase by 0.3% from...

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Soybean oil futures spiral lower with no Chinese UCO tariff hike

Soybean oil futures spiral lower with no Chinese UCO tariff hike

In Chicago, soybean oil futures spiraled lower on Tuesday May 14 amid reports the US will not impose higher...

Uncertified operations outnumber occurences of fraud

Uncertified operations outnumber occurences of fraud

Historically, many operations have farmed organically and advertised their products with an "organic" label, without being certified. For...

US glycerin prices mostly steady amid increasing biodiesel production

US glycerin prices mostly steady amid increasing biodiesel production

Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been...

Weekly cattle slaughter forecast to remain below 2023 levels into June

Weekly cattle slaughter forecast to remain below 2023 levels into June

US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18,...

Six-week hog slaughter forecast to be flat or up from 2023

Six-week hog slaughter forecast to be flat or up from 2023

US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May...

Central Illinois soybean prices hit 3-month high

Central Illinois soybean prices hit 3-month high

Chicago Mercantile Exchange (CME) grain prices rose on Monday May 13. The July wheat futures contract increased by 23.50...

Hide trading slow in May

Hide trading slow in May

May and June are historically the slowest months of the year for hide trading, which continues to be the...

Cottonseed oil price bumps higher with rally in soybean oil futures

Cottonseed oil price bumps higher with rally in soybean oil futures

The US cash vegetable oil market was quiet on Monday May 13, with many market sources traveling to Chicago...

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