The week started off with minimal hide trading the in US market. Several sellers reported most of their price negotiations had been settled before the weekend.
Sellers continue to struggle with shipping issues tied the extreme weather over the last two weeks. There was a report of a seller that was delayed in shifting inventory due to a steamship’s lack of equipment and delay in shipping. Trucks have been a big issue for many as well and the lack of movement, as well as poor demand for branded selections is leading to increased inventories at some locations.
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05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...