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.
Hide prices remain steady to slightly higher than the last traded levels for today’s reports. Heavy Texas Steer (HTS) remain steady and in limited quantities, while Branded Steers (BRS) rose $1 from yesterday’s report. Colorado Branded Steers (CBS) also increased $1 from yesterday’s trades as these three selections continue to hold the majority of the interest from Chinese buyers. The wet blue market remains steady, leaving sellers in a good position with their sales this week.
Actual Week-Ending Cattle Slaughter by Classification
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