As marketplaces fall and investors become more wary, the US hide market is also feeling major downward pressure. Many packers are accepting lower offers and looking into storing some supply. Transportation is becoming a big issue for workers trying to go to work and for shipping orders. Many are trying to do as much business as possible, but are concerned with what is going to happen. The Jacobsen Hide Index…
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...