Last week the US hide market was quiet with a good chance that less than a week’s worth of hides sold after a lot of people in the trade said they did less than a normal volume. Prices were relatively stable in the range of steady to $1 lower and the Jacobsen Hide Index closed down $0.64 from a week ago at $49.18. Big packer HNS traded from $60 to $62, BBS from $53 to $55.50 and HTS and BS from $48 to $50 FOB plant. Dairy and native cows were…
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...