Resistance to higher prices cooled the hide market last week with sales down from the previous week and steer prices relatively steady with a few top-end selections $0.50 to $1 higher. Packer HNS sold from $61 to $62, BBS from $57 to $58 and HTS from $48.50 to $51 FOB plant. Cow hides, especially brands, continued to be soft with some bid prices shadowing South American material.
There is a lot of speculation the recent bump in hide…
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...