Buying activity was active today with the majority of interest from Chinese and Mexican tanners. Automotive tanners were actively inquiring in the market today after receiving increases in leather order volumes from Original Equipment Manufacturers (OEMs) for August. The demand from the automotive industry for heavy native steers (HNS) drove up prices this week and packers try to negotiate prices up another $0.50.
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01.16.2025
USA BioEnergy acquires land for Bon Wier SAF facility
USA BioEnergy has completed the purchase of land for its greenfield sustainable aviation fuel (SAF) production facility in East Texas, the company announced on Tuesday January 14.
The...
01.16.2025
Prices for US animal fats and oils hold steady despite declines in vegoils, energy complex
Activity in the US animal fats and oils markets slowed on Thursday January 16, with the industry continuing to process the implications of the updated Greenhouse Gases, Regulated Emissions,...
01.16.2025
Mid-January ruminant MBM, soybean meal relativity above 5-year average
Market sources reported limited trade volume to Fastmarkets on Thursday January 16, keeping most US animal protein trade prices rangebound for the day.
At close, the benchmark March...