The soft underpinning in the US hide market carried through last week but there was not a lot of difference in price from the sales during the week of the APLF. Packer HTS sold for $68, BBS from $72 to $73, HNS for $74 to $75 and BS for $65 FOB plant. The Jacobsen Hide Index closed on Friday at $65.61 compared to $65.78 the same day a week prior. The cow market was generally steady with some reports that there was a little more back pressure…
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...