The US hide market was in standoff last week with buyers not interest in paying up money while some sellers tried to edge prices higher following several weeks of big sales. Prices for the week remained stable and sales volume, by most accounts, lagged the week’s production of hides. The Jacobsen Hide Index closed Friday at $59.72 from $59.43 a week ago and several popular steer reports include HNS from $77 to $78, BBS from $65 to $67, BS at…
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...