The US hide market is apparently slower this week with focus shifting toward the upcoming Hong Kong leather fair. Packers are maintaining a firm grip, trying to edge prices a little higher and buyers are waiting for face-to-face meetings in hope of special prices. Some of the US contingency of market participants will be heading out this weekend and a few are already in Asia. There are a lot of people trying to predict what will happen to the…
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...