Hide sales are slowly beginning to advance the week with mixed reports, including some lower and some steady prices. By most accounts, activity and volumes remain low and a few suppliers indicate they are encouraged by an increase in bids, albeit some at lower prices.
Hide Price Trends: Post-APLF
The following chart shows BBS, HNS and NBC prices from January 2012 and highlights the annual APLF…
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...