Packers Push to Move Hides Ahead of Lunar New Year Holiday

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Packers Push to Move Hides Ahead of Lunar New Year Holiday

US packers were active in the market today. Heavy native steers traded at steady prices whereas regular weight butt branded steers (BBS) traded $0.50 higher than yesterday’s levels and heavy Texas steers (HTS) traded $1.50 higher. The higher trades for BBS and HTS were in line with reports from last Monday the 20th. However, regular weight branded steers fell $1 from yesterday’s levels.
Hide interest remains from buyers, but price ideas are at lower than current market levels. Shoe tanners continue to push for...

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Spot Palm, Coconut Oil Prices Firm to Higher

Spot Palm, Coconut Oil Prices Firm to Higher

Physical palm oil prices were firm to slightly higher on Tuesday, tracking another session of marginal gains in palm...

Mixed Reports on 2023 Organic Corn Crop

Mixed Reports on 2023 Organic Corn Crop

End users continue to limit their inventories of organic feed grains in...

Texas Researcher Embarks on Long-term Hemp Feed Trials

Texas Researcher Embarks on Long-term Hemp Feed Trials

The National Institute of Food and Agriculture (NIFA) -- part of the...

Appeals Court Strikes Down EPA’s Denial of SREs

Appeals Court Strikes Down EPA’s Denial of SREs

*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.

On...

Cattle Slaughter Forecast Lower to Close out 2023

Cattle Slaughter Forecast Lower to Close out 2023

The market was very quiet today coming off of the long holiday weekend. Most were getting their logistics and...

Hog Slaughter Forecasted Above 2022 Into December

Hog Slaughter Forecasted Above 2022 Into December

Pressure on ruminant meat and bonemeal continues to be reported on accounts of excess offerings from slowed/diminished export trade....

Weekly Grain Inspections: Corn, Soybeans, and Wheat Drop on Week

Weekly Grain Inspections: Corn, Soybeans, and Wheat Drop on Week

There were a few trades reported on DDGS today. Market participants noted that prices found some support due to...

USDA Reports Another Week of Strong Export Hide Sales

USDA Reports Another Week of Strong Export Hide Sales

Trading following the holiday break was slow with minimal activity. A few sellers reported little business over the Thanksgiving...

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09.19.2024

SAF roadmap, collaborations announced at Bali International Airshow

SAF roadmap, collaborations announced at Bali International Airshow

At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...

09.19.2024

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.

09.19.2024

Animal protein prices steady; August cattle, hog slaughter down

Animal protein prices steady; August cattle, hog slaughter down

US animal proteins were rangebound on Thursday September 19.

August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...

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