US Hide Market Closely Watching UAW Contract Deliberations

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US Hide Market Closely Watching UAW Contract Deliberations

Alexandra Watts | 09.14.2023

The US hide market was somewhat active while automotive tanners wait for the revised contract between the United Auto Workers (UAW) and three major automakers which is due tonight.
Buyers in China remain active in the market, and the demand has pushed butt branded steers back up $0.50 from yesterday $0.50 decrease. Heavy Texas and branded steers traded steady along with branded heifers. Shoe tanners in China remain very quiet and the interest that they have displayed was at price levels that were several dollar...

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Active Hide Trading in Europe After Summer Closures

Active Hide Trading in Europe After Summer Closures

Argentina

September 14

Argentine slaughter totaled 1.23 million head in August, 4 percent below the month...

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Domestic Soy Oil Exports Drop on Week, Sales Reductions Increase

Domestic Soy Oil Exports Drop on Week, Sales Reductions Increase

2022/23 U.S. soybean oil exports totaled 1,600 tonnes (MT) during the week ending September 7, down 38 percent on...

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International Animal Proteins 14.09.2023

International Animal Proteins 14.09.2023

Values this week were steady on accounts of diminished trade, as most wait for adjustments in slaughter levels in...

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Prices Steady on Unclear Supply

Prices Steady on Unclear Supply

Organic feed wheat prices remain steady.  There is no clear indication on...

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Italy Whipsaws on CBD

Italy Whipsaws on CBD

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reported this morning that the Italian government...

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LCFS Credit Volume Consolidates Ahead of October Surge

LCFS Credit Volume Consolidates Ahead of October Surge

Weekly LCFS credit volume moved lower last week, while the average price paid per credit held steady, according to...

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BFT Prices Trade Higher, DCO Production Rebounding

BFT Prices Trade Higher, DCO Production Rebounding

Four cars of packer BFT traded up to 69.5 cts/lb Chicago today and Gulf trading was indicated higher as...

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Quiet Tone for Midweek Leaves Values Mostly Flat

Quiet Tone for Midweek Leaves Values Mostly Flat

Limited trade was reported for midweek, with most indicating trade within the ranges or only limited volume. Some wider...

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09.20.2024

BOHO spread reaches two-month high

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

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09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

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09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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