04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Market Activity & Analysis
This week the US hide market remains steady with balanced supply and demand continuing to hold prices in check. Prices are holding despite historically low kills which favors the opinion that demand in general is less than normal. This said, there are a number of people who remain convinced prices still have some upside. There were several early offers asking steady money and a couple fat cow trades a $1 higher from last week. A few buyers are…