The overnight hide offers are steady to slightly down, positioning suppliers to try and hold prices from falling more after losing $3-$5 of ground over the last month. While it is not certain how many hides tanners are needing, there has been some early interest with more tanners starting to inquire about availability and pricing. In the leather markets, the shoe leather business peak season is coming to an end. This will add more pressure to…
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...