Today’s Market
The US hide market closed the week with prices tracking steady to slightly higher. Steer selection have maintained prices similar to last week, with light Heavy Native Steers trading today at $34.50 while the regular weights continue at $34. Colorado Branded Steers are gaining momentum, trading $1 higher. The jumbo weight CBS have risen to $24. With the holidays overseas, there was less activity in the market this week. There have been reports of…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...