The US hide market continues to be sluggish with prices down around 10% since the Hong Kong leather fair in late March. For example, when the show began on March 29, packer Heavy Native Steers traded at $77 and were last reported trading at $67.50 to $68. Butt Branded Steers went from $72.50 to $66 last week and Heavy Texas Steers from $68.50 to $62 FOB plant. This week, early offerings are showing similar to last week with volumes of hides…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...