08.15.2025
Sausage casings bulletin, August 15, 2025
Runner market commentary
...
US ultra-low sulfur diesel (ULSD) futures fell to a 15-month low on Wednesday August 21. Slowing economies in the US and China are weighing on markets and causing concern about the future, according to sources. A Fastmarkets survey of biodiesel producers showed prices to be following ULSD values lower.
Energy prices were pressured lower on Wednesday following a US Department of Labor report indicating job growth was overstated by 818,000 in the 12 months that ended in March. Slowing job growth is indicative of a constricting economy.
On August 15, the Chinese National Bureau of Statistics (NBS) showed housing prices in the country continued to decline, falling over 10% during the first seven months of 2024. This has caused the housing crisis in China to hit a 9-year low.
…