It was an active day in the hide market, however, there are major concerns due to the recent surge in COVID-19 cases in China. The entire Chinese province of Jilin is under lockdown as cases are spreading rapidly. This has resulted in the mandatory lockdown, leaving the 24 million residents in Jilin quarantined, once again. This is starting to create concern for the global supply chains considering the potential impact on ports and on driver availablity for trucks. Since workers can’t leave their homes, there may be soon limited manufacturing and transport.
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07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...