Last week, the US hide market was less active than anticipated with prices stable and several selections moving higher including HNS and BBS selling for $78 and $76 respectively. The Jacobsen Hide Index on Friday closed at $67.86 from $66.84 the previous Friday. The Presidents’ Day holiday extended the weekend for some in the trade, but many remained active and early reports show a little more interest than last week’s start. Both offers and…
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...