Once again, it remains difficult to gauge the volume of business done by US hide suppliers this week, although several people indicated they did not do a week’s worth of production. Also, there are several rumors floating around that there were some big direct sales at discount prices. In general, prices were softer for most selections, trading a dollar or two below previous levels. This includes big packer HNS from $72 to $73, BBS from $70 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...