The July 4th Independence Day holiday week was on the quiet side for the US hide market with trading from steady to a dollar lower. Packer HNS reported for $66, BBS from $64 to $65, HTS for $61, BS from $58 to $61 and CBS from $54 to $57 FOB plant. The Jacobsen Hide Index closed steady on Friday at $58.69 from $58.66 a week ago. Cows were a little less pressured than steers but lost some of their luster from past weeks. The…
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...