Lexi Watts will be out of the office Wednesday, December 9 and will return on Thursday, December 10. In her absence, please contact Ryan Standard at 331.276.8227 or [email protected] with any questions or trading.
Today’s Market
Hide prices remain unchanged from yesterday’s levels. Most sellers will send out their offer lists tonight, which is expected to bring more activity in the second half of the week.
Outstanding Export Sales
Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through November 28. Through Week 48, the total outstanding sales are 4.206 million from 4.135…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...