The US hide market was in standoff last week with buyers not interest in paying up money while some sellers tried to edge prices higher following several weeks of big sales. Prices for the week remained stable and sales volume, by most accounts, lagged the week’s production of hides. The Jacobsen Hide Index closed Friday at $59.72 from $59.43 a week ago and several popular steer reports include HNS from $77 to $78, BBS from $65 to $67, BS at…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...