Lexi Watts out of Office March 9
Lexi Watts will be out of the office Monday, March 9 and will return on Wednesday, March 10. In her absence, please contact Ryan Standard at 331-276-8227 or [email protected] with any questions or trades to report.
The US hide market began the week with active bidding for material. Sales, for the most part, remainin firm on prices. Jumbo Heavy Texas Steer have been quoted up another dollar from Friday’s trading levels. However, shipping containers continue to pile up as demand for goods from Asia are high.
Over the next six weeks the average weekly head count is 645,000, up 2 percent from the prior six week average and 4 percent from prior three-year average. The harvest is forecast at 655,000 head this week before falling to 640,000 head the last two weeks of March and the…
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.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...