The hide market ended the week with the market still searching for stability. Several people in the trade did report they were able to see some signs of improvement. Included were some suppliers who saw an increase in bid activity and a few who met their volume goal for the week; however, it should be noted that buyers’ price ideas were considerably less than that of sellers. On Thursday, The Jacobsen Hide Index closed about a dollar lower at…
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...