Despite valiant efforts by some suppliers to pump up the market, US hides traded mostly steady last week with quality big packer steers solid and cows and processor hides a little soft. Packer Native Steers traded for $60, Butts, from $53 to $56 and HTS from $47 to $50. The premium cow selections were able to hold ground, but ordinary and lower-end cows needed lower prices to keep moving. Regarding the volume of hides sold, there is a mixed…
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...