It doesn’t appear that much changed in the US hide market last week. Steers prices remain to the firm side while cows and lower-tier hides are steady to slightly lower. Most of the big packers have been quite firm, inching prices for top steers up each of the past several weeks with season weight BBS selling last week around $71 to $73, HNS from $73 to $74 and depending on source, HTS between $64 and $66. The Hong Kong leather fair is just…
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...