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Blog

Heavy Texas steer hide prices fluctuate

Alexandra Watts | 09.04.2024

Prices for hides were flat-to-lower compared with previous trades. There was demand from buyers for the year's best season hides at the All-China Leather Exhibition (ACLE), but were resistant to price increases.

Regular branded steer hides traded sideways at $21.50 per piece on Wednesday September 4 and regular weight heavy Texas steer hides were down by $2.50 per piece to $21.50 per piece. A packer reported a sale of premium-quality dairy steers at sideways prices as well.

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Lingering market tightness supports robust US prompt soybean oil basis

The US interior soybean oil cash market remains incredibly tight, with the nearby basis retaining a premium to levels...

Rising RD capacity in US sets monthly feedstock consumption record in June: EIA

Biodiesel and renewable diesel (RD) capacity in the US increased in June, according to data released on Friday August...

Biofuel usage of yellow grease, tallow exceeds domestic production

The fat market was quiet on Tuesday September 3 to start the new trading week and month.

A bid/offer spread...

Limited animal protein trade keeps prices flat; higher slaughter expected in Q4

Trading was quiet in the animal protein market on Tuesday September 3, with no changes reported. Several market sources...

Central Illinois soybean, soymeal prices rebound after previous lows

The crush margin in Central Illinois rose by 7.9% week on week but was down by 18.8% year on...

First day of ACLE brings interest to buy hides at unchanged prices

The All-China Leather Exhibition (ACLE) completed its first day on Tuesday September 3, which brought reports of high wet...

US July soybean crush rises, with feedstock demand for soyoil hitting new monthly high in June

The USDA’s Monthly Fats and Oils report, released on Tuesday September 3, showed that US processors crushed 193 million...

Organic stakeholders look to regional models to address volatility

The recent trend to develop regional supply chains for milling grains may help organic producers’ bottom lines. A large proportion...

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