11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Friday Early Publication Hours in Effect — Friday’s Trade Reporting Deadline 2 p.m. CST
Friday publication hours are in effect. The deadline for trade reporting will be at 2 p.m. CST with publication of the Hide & Leather Price Guide/Commentary soon after.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending September 10, export sales for 2020 marketing year decreased 13 percent to 427,215 from 491,268 and shipments increased 30 percent to 551,220 from 423,845. Sales for marketing year 2020 totaled 19,151,576—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 600,063, total export sales were 517,610 and total export shipments were 506,037.
Today’s Market