It came as no surprise activity that the US hide market would be quelled this week with the bulk of people in the trade away for the ACLE next week. Early reports from abroad suggest buyers are waiting until they see what everyone has to offer before pulling the trigger. The few sales have been mostly steers at steady to slightly higher on a couple of top packer steer selections. Even less cow and low-grade business is reported with prices…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...