Last week the US hide market was in a holding pattern with little or no change in prices and volume below average. Packer offers were short or non-existent with prices from steady to $1 higher while buyers showed no interest in higher prices and were relatively quiet. While there were a few exceptions, most big packer HTS were close to $65, BBS $70 to $71 and HNS from $72 to $73 and the Jacobsen Hide Index closed on Friday at $62.56 compared…
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...