Today’s Market
Slight upward pressrue was seen on a few few selections, HNS, BBS, CBS & HBH, today, with quotes $1 to $4 higher than yesterday’s ranges. Mexico’s leather automobile interior industry continues to operate very quietly, with limited buying of new material.
[HIDE-SALES]
Similar to the auto exports from the US, consumer goods also fell significantly in April. Over the past four-years, US consumer good exports have been consistent, with an average of $16.8 million in exports per month. March of 2020 reported the first, significant drop to $14.8 million in exports per month or 12.1 percent from the prior four-year average. The following month reported $10.4 million in exports per month, a record…
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...