Lexi Watts out of Office December 16-18
Lexi Watts will be out of the office Wednesday, December 16 through Friday, December 18 and will return on Monday, December 21. In her absence, please contact Ryan Standard at [email protected] with any questions or trades to report.
Prices were mostly unchanged today with the exception of Butt Branded Steers (BBS) increasing $1 to return to last week’s closing levels. Some customers in the automotive and furniture sectors are still expressing willingness to buy at the higher prices.
The Federal Reserve Economic Data (FRED) reported the November hide and leather Producer Price Index (PPI) at 58 points, up 73 percent from July’s all-time low of 33 points and a return to pre-pandemic levels. The synthetic fibers PPI continues to trend lower, although slightly higher in November at 125 points. November was only the second month in the last 15 with…
01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...