This week the US hide market began with a strong attempts from suppliers to change the course of direction with a number asking higher prices. There was a limited amount of business done at slightly higher levels; however, this was limited to one or two selections and destinations, most notably BBS to Korea customers. There was a fair amount of interest in the beginning of the week and some steady business reported, but as the week waned so…
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...