Jumbo-weight hide supply increasing; consumer spending boosts leather shoe sales potential

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Jumbo-weight hide supply increasing; consumer spending boosts leather shoe sales potential

Hide demand was mild on Wednesday November 13, several sellers told Fastmarkets, but they had wrapped up steer hide trading from early-week negotiations. Sellers noted that supply of jumbo-weight material has begun to ramp up, as heavier-weight hides are typically more common in the colder months.

Packer branded, butt branded and Colorado branded steer hides traded flat to higher compared with last traded prices but down for processor material. Packer regular-weight butt branded steer hides increased by $0.50 per piece from last traded...

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Soybean oil market extends sell-off amid bearish sentiment

Soybean oil market extends sell-off amid bearish sentiment

The US soybean oil market remained under pressure on Wednesday November 13 amid a host of bearish macro and...

Glycerin prices seen supported by declining biodiesel margins

Glycerin prices seen supported by declining biodiesel margins

Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the...

Animal fats and oils prices stable amid losses in vegoil markets

Animal fats and oils prices stable amid losses in vegoil markets

"I think the big drop in soybean oil had everyone take a pause,” one source said.

December soybean oil futures...

Meat and bonemeal, bloodmeal higher on active demand

Meat and bonemeal, bloodmeal higher on active demand

Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.

Porcine meat...

US weekly corn, soybean export inspections drop; wheat climbs

US weekly corn, soybean export inspections drop; wheat climbs

Weekly export inspections
Export inspections of US grains showed a decline for corn and soybeans in the week to...

Hide shipments resume following halt of Canadian port strikes

Hide shipments resume following halt of Canadian port strikes

Several market participants were active in the market on Tuesday November 12, selling a moderate volume of steer hides...

US cash soybean oil market remains quiet, futures sink

US cash soybean oil market remains quiet, futures sink

Soybean oil cash trading in the US remained quiet on Tuesday November 12.

Traders continued to sit on...

Funding key to organic dairy profitability

Funding key to organic dairy profitability

Organic dairy products are the top grossing category in organic markets, with over $1.6 billion in sales recorded in...

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