Trading in the hide market was limited today. Branded Steers (BRS) and Heavy Texas Steers (HTS) remain quoted at steady with the same levels seen over the past few weeks. Sales for HTS for the C&F China market are trading in the neighborhood of $46 per piece. Activity is expected to increase as the week progresses.
Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through April 8. Through Week 14, the total outstanding sales are 4.895 million from 5.058 million the prior week.
Table 1 & 2.
…
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...