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.
Notice
Lexi Watts out of Office September 17
Lexi Watts will be out of the office Friday, September 17 and will return on Monday, September 20. In her absence, please contact Ryan Standard at 773-322-5174 or [email protected] with any questions or trades to report.
The number of bids for US hides were greater today than earlier this week on news of improvement in COVID-19 cases in Southeast Asia and the possible reopening of factories in the near future. While the number of bids increased, the bid prices continue to be lower than current trading levels. The wet blue market continues firm which is the reasoning behind limited cured packer hide offers. Shipping remains a challenge with sellers reporting that at most ports, material has been docked with 10 or more vessels anchored ahead.
U.S. Export Sales & Shipments for Week Ending September 9
USDA Cured Hide and Wet Blue Export Sales Recap
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