As expected, the US hide market is quiet with bidding traffic down considerably as the Asia market shuts down for the Lunar New Year holiday. A few buyers are testing the waters with lower bids and some traders are continuing to buy.
Everyone in the industry from producer to tanners is watching and hoping for the West Coast ports negotiations to be resolved quickly; however, there has been little news since the weekend. Most people are…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...