Talking points yesterday and today are a lot of hide were sold last week which could put a footing on the sliding market. While most people say the hide market is still quiet, a few people are making bullish comments and a few early offers are beginning to emerge with a firmer bent. Buyers haven’t shown their hands, but several reports suggest they may be holding out for a while. If indeed a large volume of hides exchanged hands, unless they…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...