Over the last couple weeks, the US hide market has traded relatively steady and it begins the week in a holding pattern ahead of the start of the ACLE on Wednesday. Representatives from US hide and wet blue suppliers have been meeting with Asia tanners and so far, there appears to be no change with minimal sales and unwavering prices.
The Week’s Slaughter Forecast
The week’s slaughter forecast is 637,600 head…
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...