The US hide market has seen quite a price drop this week. However, there have been a few loads sold at a more typical price range. Big packer steer quotes included HNS from $27, BBS from $22 to $27, BS at $19, and CBS at $17 and HTS at $19 FOB plant.
Week-Ending Slaughter
The week’s estimated cattle slaughter was 653,000. The previous week’s kill was 640,690 and the corresponding…
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...