The US hide market remained under pressure this week with steers off from $1 to $2 and cows around $1. While sales continued, most volumes were smaller and by several accounts, many bids were very low—perhaps to see how far sellers would go? Common trading levels for popular items include big packer HTS for $62, BS for $60, HNH from $51 to $53 and HBH from $48 to $49. Packer HNS prices held better than other selections, trading from $68…
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...