04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Notice
Lexi Watts out of office August 25-26
Lexi Watts will be out of the office Tuesday, August 25 and Wednesday, August 26 and will return on Thursday, August 27. In her absence, please contact Ryan Standard at 331.276.8227 or [email protected] with any questions or trades to report.
Market Activity & Analysis
The Jacobsen Hide Index on Friday closed at $15.88 compared to $14.66 Friday the week prior. Big packer steer quotes included Heavy Native Steers from $28, Butt Branded Steers from $25.50 to $26, Branded Steers at $15, and Colorado Branded Steers at $14 and Heavy Texas Steers at $18 FOB plant.
The Week’s Slaughter Forecast
The Jacobsen slaughter forecast for this week is 645,000 head, and if realized, will be 8,500 head more than the same week last year when it was 653,500.
…