Cattle Slaughter Hits Multi Year Low

Category: Hide & Leather

Cattle Slaughter Hits Multi Year Low

Renderer BFT was bid higher today with no trading reported as of press time.

Cattle slaughter finished last week at an estimated 425,000 head, the lowest non holiday total since on record going back to 2010 and the third lowest weekly total from the same time period. Slaughter is forecast to continue to run at reduced rates over the next six weeks despite an order from the President for meat packing...

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The effect of COVID-19 on the hide market is starting to be shown through analytics. Now that there are...

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Fastmarkets assessed

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at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for
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