The US hide market remains comparatively inactive with shipment the biggest priority for producers. Leather business is also unchanged with leather orders lagging in most sectors–and for many tanners a bigger concern than hide prices. By most accounts, tanners have sufficient stock to cover production needs and there are a few reports that some are asking to delay shipments. While most of this week’s offers have been close to last week’s…
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...