Korean tanners returned from the harvest holiday yesterday and many China tanners will remain out until Thursday and Friday for the last of the autumn holidays. This should keep the China market toward the quiet side, but suppliers are hoping interest from Korean tanners might jump start the market. On limited sales last week, hide prices were soft, dropping $1 or $2 on some steer selections. Tanners are reporting leather business is slow and…
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...