The US hide market is still relatively quiet with early offer asking prices from steady to a dollar lower and with lists roughly the same size as last week. Several suppliers have noted the week’s slow start is similar to last week; however, they remain hopeful buying will pick up as it did at the end of last week because tanners need to buy and prices are more attractive. Prices for the moment on steer selections are hovering at $74 for HNS,…
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...