THE JACOBSEN NORTH AMERICAN HIDE BULLETIN

THE JACOBSEN NORTH AMERICAN HIDE BULLETIN


Market Activity & Analysis

The tone in the hide market this week does not match the big USDA export sales numbers for last week. Buyers are continuing to push prices lower and are generally reluctant to commit to very large volumes—even once prices are agreed to. In the first part of the week, a few hides traded from steady to a dollar lower but most people are saying interest is sluggish.

Today’s Market

The market was relatively…

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

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DCO premium over CWG hits multi-month low

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Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

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Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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