There were some big jumps, a big drop and some wide spreads in the market today. HTS and CBS jumped $3/piece, while the lightweight HNS category traded in a $10 spread. Jumbo BBS fell $3 from yesterday’s high, but sources were confident that $83 would trade again before week’s end.
Overall, most were calling the market quiet while they were finishing up their trading. Many stated that the market is well sold and liquidity is thin at…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...