After US steer hides dropping over $35, everyone on the supply side of the market is ready for it to stabilize; however, despite will and many efforts, the bear market continues. A few people this week are more optimistic, seeing positive signs from an increased number of bids—albeit most are low. The sentiment remains mixed and many struggling to work out problems with shipments are finding it hard to see any light at the end of the…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...