No major changes either upward or downward in leather orders have been reported by tanners following the CNY in the pre-Hong Kong APLF countdown. This likely is because leather business is falling within projections for many tanners, which means changes to hide purchasing will not be needed. As is often the case in the time period ahead of the show, the hide market appears a little firmer this week and prices are higher on a few recent trades….
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...