**Please Note**Lexi Watts was out of the office today on April 28th. For any questions or comments please contact Ryan Standard at 331.276.8227 or [email protected]**
Trading was quiet today with no changes reported. The hide market has been very strong through April as shown in the Jacobsen Hide Index (JHI). Through today, April is at 38.98, up 27 percent from March and up 150 percent from April of 2020. April in on track to the strongest month since June of 2018. A resurgence in demand for leather…
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...