US hide market activity remains on the quiet side with early prices steady on a few reports and most around a dollar below their last trading levels. The persistent down pressure on the hide market is widely attributed to the migration towards non-leather shoes as well as this summer’s largest US cattle slaughter since 2011. Most people know it will take some time for shoe fashions to return to more “normal” leather uses; but, for now, that…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...