Estimated cattle slaughter was 628,000 – the second highest of the year

Category: Hide & Leather

Estimated cattle slaughter was 628,000 – the second highest of the year

Market Activity & Analysis The hide market concluded the week with fewer hides traded than over the past several weeks, and likely, under the hides generated. Most of the business was done for steady money as buyers showed no interest in chasing prices any higher, claiming sluggish shoe leather business couldn’t justify any increases. The

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The International Market

The International Market

The International Market Argentina In April, 950,000 head were dispatched to slaughter. This was 14% less than in March...

Buyers Testing the Market with Aggressive Low Bidding

Buyers Testing the Market with Aggressive Low Bidding

Last week the US hide market continued under pressure with some buyers testing the market with aggressive low bidding...

U.S. Export Sales & Shipments for Week Ending March 9

U.S. Export Sales & Shipments for Week Ending March 9

USDA Hides and Skins Report Net sales of 309,400 pieces reported for 2017, all whole cattle hides, were down...

US Hide Market Activity Picked Up a Notch

US Hide Market Activity Picked Up a Notch

The US hide market activity picked up a notch, but most sales are still pending. The balance of offerings...

Hide Activity and Analysis

Hide Activity and Analysis

The US hide market ended the week with volume a little down, steers steady and cows firm. Packer HTS...

The Jacobsen Leather Demand Index (JLDI)

The Jacobsen Leather Demand Index (JLDI)

Summary Leather demand edged lower in August, despite a bounce in Chinese imports which showed its first increase of...

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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