Lexi Watts Out of Office
Lexi Watts will be out of the office Monday-Wednesday this week, June 7-9 and will return on Thursday, June 10. In her absence, please contact Ryan Standard at 773-322-5174 or [email protected] with any questions or trades to report.
The Jacobsen Hide Index (JHI) closed the week at $37.67, up from last Friday’s $37.49. The week traded at close to steady levels despite the disruptions that occurred. The shorter week due to the holiday in the US and the JBS cyber-attack left many buyers and sellers offering little and purchasing little. The business that had occurred was mainly steer material driven by footwear tanners in China. Cow demand was a bit weaker this week. Cattle slaughter is expected to be lower this week.
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05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...