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Blog

Steer Hide Supply is Building on Increased Slaughter

Alexandra Watts | 02.13.2024

Bidding activity was slow today in the US hide market due to the holidays that are being celebrated around the world this week. Sellers reported hide bids from buyers in Korea, Mexico and China. Bid prices were lower than last traded levels. Some sellers countered the bids and are waiting for buyers’ responses.
Several packers will release their offer lists tonight and most stated they will offer various steer hide selections, but a few cow hides. There is limited supply of cow hides...

Mexican Corn Policy: Destination Unknown

Mexico’s recently implemented ban on GMO food corn is at the heart...

Class Action Suit Alleges Products were not Hemp

As various state legislatures aggressively pursue bans for hemp-derived cannabinoids, a class-action federal racketeering suit was filed in the...

Glycerin Prices Edge Higher

Weekly Glycerin Update

The Jacobsen’s weekly survey of the glycerin market found crude and kosher crude prices edging...

Hog Slaughter Projected Lower Heading into March

The market was quiet to start the week with no changes reported. Sources did suggest that there is a...

Cattle Slaughter Forecast Under 2023

Limited trade was reported for the start of the week. Offering levels were indicated as slightly higher for some...

Soybean Crush Margins Continue to Rise

DDGs prices held steady in most locations, apart from the Minnesota/Dakota and Iowa markets which showed a slight decrease....

Global Holidays Slow Hide Trading

Light and regular weight Butt Branded Steer (BBS) hides that traded $0.50/piece lower than Friday’s reports and the rest...

2023 Biofuel Demand for Canola Oil Reaches Record High

** Amanda is out of the office and will be returning February 14. Please contact Bob Lane at [email protected]...

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Steer Hide Supply is Building on Increased Slaughter

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