The global shipping crisis and power curtailment in China continues to be risks for the US hide market. Big packer offer lists are expected to be extensive this week while the cattle slaughter remains elevated. Cowhides are of interest and there have been reports of business being concluded at steady price levels. Fed steers are difficult to sell in large volumes unless there are price discounts. Korea, Thailand and Taiwan are the most active buyers in the market at the moment.
The growing importance of Environmental, Social and Governance (ESG) has forced the $2.4 trillion-a-year fashion
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...