UAW Strike Keeps Uncertainty in Market

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UAW Strike Keeps Uncertainty in Market

Alexandra Watts | 10.19.2023

Hide trading today was active with some buyers willing to pay steady to lower prices. Colorado Branded Steers, Butt Branded Steers and Native Heifers were all sold at price levels $1- $1.50 lower than last traded for regular weight material.
Automotive tanners remain active in the market but for small volume deals. Tanners remain wary of the near-term market due to the ongoing strike at several auto plants.
Upholstery and shoe tanners traded hides this week but are pushing for lower prices due to slow...

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Increased Interest in Wet Blue From Chinese Furniture Tanners

Increased Interest in Wet Blue From Chinese Furniture Tanners

Argentina

October 19

Limited available hides to offer.
Customers are wary due to the wars in...

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International Animal Proteins 19.10.2023

International Animal Proteins 19.10.2023

The international animal protein market was steady to softer this week with range adjustments on bloodmeal, feathermeal, and ovine...

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Organic Markets Mostly Flat

Organic Markets Mostly Flat

Trading on major feed grains remains light, with merchandisers characterizing transaction volume...

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Texas Researcher to Study Hemp for Animal Feed

Texas Researcher to Study Hemp for Animal Feed

The National Institute of Food and Agriculture (NIFA) under USDA awarded $300,000...

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Soybean Crush Sets Record for Sept as Biofuel SBO Demand Rises

Soybean Crush Sets Record for Sept as Biofuel SBO Demand Rises

The National Oilseed Processors Association (NOPA) reported the September soybean crush at 165.456 million bushels. This was a...

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Weekly U.S. DCO Production Climbs

Weekly U.S. DCO Production Climbs

Overall market activity was subdued again on Wednesday due to the annual American Fats and Oils Association conference in Nashville....

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Poultry By-Product Pet Grade, Chicken Meal Under Regional Pressure

Poultry By-Product Pet Grade, Chicken Meal Under Regional Pressure

Lower values were reported for poultry by-product pet food grade and chicken meal today. Participants have conveyed pet plant...

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Ethanol Stocks Hit 21-Month Low, Production Rebounds

Ethanol Stocks Hit 21-Month Low, Production Rebounds

CME grain prices shifted significantly higher across the board on Wednesday. December soymeal increased by $14.00 and...

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09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

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09.06.2024

US fat market slides on pressure from soybean oil, energy complex

US fat market slides on pressure from soybean oil, energy complex

Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

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09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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