01.31.2025
US animal fats and oils markets hold firm on week; signs of softening emerge
After a strong start to the week, the US animal fats and oils markets ended the month on a mixed note on Friday January 31, as ongoing uncertainty continued...
The US hide market was sedate as it ended last week and with the exception of a few spotted trades, the majority of hides sold close to steady. The Jacobsen Hide Index on Friday closed at $82.16 from $81.67 the week before. The week began with a round of price increases from producers.
Today’s Market
The market was relatively quiet today with a moderate number of carry-over trades reported. Prices were…