Cheaper Hide Interest Continues for Steers and Dairy Cows

Cheaper Hide Interest Continues for Steers and Dairy Cows

US hides are seeing a rally for cheaper material, in particular steers and dairy cows. Packers have reported continued interest on branded steers (BS) and heavy Texas steers (HTS), but no price updates on HTS have been reported. BS traded sideways today, with the average of $24.50 remaining unchanged. Korean buyers are expected to be open for offers tonight.  

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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