The hide market remained quiet today with a few active trades for Butt Branded (BBS) and Colorado Branded steers. Sources reported lightweight BBS down $.50 and middleweight down $1 from yesterday’s price levels. CBS prices are also down $1 for each light, middle, and heavy weight. As the Lunar New Year approaches and logistic concerns remain unchanged the market seems to be under some pressure. This narrow price gap between cows and steers might have cow buyers interested in steer hides because of tight spread.
…
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...