Following a very quiet April for the US hide market, suppliers are hoping last week’s late week bump will follow through this week. Meanwhile, several reports from China have yet to show signs of stabilization in the market. Pundits from China say that cash flow is very tight, pollution control issues are returning in several areas and buyers remain pessimistic about the market in May. While predictions of the future are subjective, they do…
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...