The US hide market this week is trying to build a base off of two weeks of good sales but still seeing plenty of low bids. Sentiment is from neutral to bearish with the aggressive low bids beginning to wear on some suppliers. Many people think that prices are attractive enough to prompt buyers back into the market as selections are now trading in or below historic trading ranges. However, leather demand—with the exception of auto…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...