Last week there were some signs of improvement with the market as the pace of hide price descent began to slow from previous week’s levels. For the week, steer prices dropped $2 to $3 and the Jacobsen Hide Index (JHI) closed at $61.17 from $63.90 a week ago—down $2.73. The JHI is down $38.72 or 38.8% from a year ago. On a percentage basis, the drop for cow selections are close to the same from a year ago. A number of suppliers report…
02.28.2025
Chinese plant begins producing SAF, RD for export to Europe
China-based Jiaao Enprotech began production at its sustainable aviation fuel (SAF) and renewable diesel plant in Lianyungang in Jiangsu province in December, the company told Fastmarkets on Wednesday February...
02.28.2025
CWG bucks the trend in an otherwise sluggish week for fats and oils
After a sluggish week of trading, activity in the US animal fats and oils markets increased at the end of the month, with prices averaging mostly steady to slightly...
02.28.2025
Bloodmeal prices surge through February
Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...