Buyers Actively Bidding Before Release of Offer Lists

Buyers Actively Bidding Before Release of Offer Lists

Buyer interest was indicated as strong today for several selections of US hides. Tanners from China were the reportedly the most active today. More trading activity is expected throughout the week.
Native heifers and heavy Texas steers fell today $1 and $1.50, respectively, from yesterday’s price levels.

Cured and Wet Blue Export Shipments by Selected Countries — Through November 9

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Outstanding Export Sales — Through November 9

Tables 1 and 2 below show the total outstanding…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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

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

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...

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