US hides face increased competition from global suppliers

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US hides face increased competition from global suppliers

Please note
There will be no publication of the hide bulletin/price guide on Wednesday June 19 because because Fastmarkets' US offices will be closed in observance of the Juneteenth holiday.

Increased competition from South American, Australian and European hides into the Chinese market added pressure on US sellers to move hides during the week of Monday June 17, according to several market participants.

Despite the typical demand drivers of better-quality summertime hides and hist...

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Monthly soybean crush reaches record high for May; soybean oil stocks fall below forecast

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Holiday break drives lower hog slaughter forecast

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Trading was quiet on Monday June 17, with no trading reported.

Fastmarkets’ research team forecasts hog slaughter...

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US cattle slaughter continues to trail 2022, 2023 levels

Please note: Fastmarkets will not publish an Animal Proteins bulletin on Wednesday June 19 in observance of the US...

Central Illinois soybean crush margins reach 3-month high

Central Illinois soybean crush margins reach 3-month high

Chicago Mercantile Exchange grain prices fell on Monday June 17, with the July CME soybean futures contract decreasing by...

Chinese tanners in demand for cheap US hide material

Chinese tanners in demand for cheap US hide material

Buyers remained interested in cheaper US cured hides over the weekend of June 15-16, but price negotiations were ongoing...

US soybean crush hit record high for month in May

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US soybean crush climbed to a record high for the month of May, according to the latest data released...

Blog

06.24.2024

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Crude glycerin traders were quoting the market in the...

06.24.2024

Cattle slaughter continues to lag 2022, 2023 levels

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per...

06.24.2024

Hog slaughter slightly higher into July; May cattle placed on feed higher

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.38 million...

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