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.
The US hide market was active today with increased trading prices. Premium hides are in high demand driven by shoe leather production. Selections that have had price increases are steers, heifers, cows and processor steers. Sellers reported a many bids and strong interest, but much more resistance from Chinese tanners for additional price increases. Next week, packers are expecting more buyer resistance than this past week.
Light-Weight Vehicle Sales Drop While Chip Production Strengthens
Auto sales declined into the summer amid the microchip supply shortage, but microchip sales rose in…