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Author: Alexandra Watts

Consumers Wear Down Their Vehicles Despite High Costs For New Cars

Alexandra Watts | 05.24.2023

Hide bidding activity was slow midweek in comparison to the week prior. Of the bids received, steer hides were several dollars below offer prices particularly on heavy native and butt branded steer. Buyer bids are for smaller volumes than last week as well. Some sellers have received bids unchanged from current market pricing for dairy cows and minimal intere...

Heavy Native Steers Steady, But Under Price Pressure

Sellers put together offer lists today with asking levels close to steady with the last traded levels on most...

Cowhides Offers Expected This Week

Trading over the weekend was limited but sellers had to focus on organizing cancellations and claims. One seller reported...

Animal Fats 5.19.23

**Please Note** At the request of our subscribers and several market participants we will close trade on Fridays at...

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Good Volume Wet Blue Hides Sold During Week 19

Hide trading was active for steers and heifers whereas several cowhide selections are still under negotiation.

Buyers that are active...

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High Hide Inventories at Chinese Tanneries

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May 18

Slaughter remains unchanged.

Despite upward pressure, good quality Buenos Aires wet salted heavy steer prices...

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Chinese Footwear Tanners Active in Hide Market

Interest is mainly from Chinese hide tanners who want to buy material at cheaper or steady to current market...

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Hide Buyers Anticipate More Leather Orders in Summer

Another quiet day of hide trading, but interest is expected to come after packers release offer lists tonight. The...

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Cheap US & Brazilian Hides Sent to Landfill & Gelatin

Hide sellers reported minimal weekend activity in the US hide market. Buyers continue to complain about lacking leather orders...

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Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

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Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

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Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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