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…
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...