05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Market Activity & Analysis
The hide market activity this week was a mixed bag with most suppliers indicating they sold what they needed to but no one saying they had a huge week. Prices were a little softer with steers trading $0.50 to $1 lower and most cows holding closer to steady. Heavy Native Steers traded from $75 to $76, BBS from $72 to $74 and HTS from $68 to $70. Despite buyers signaling they wanted to pay lower prices, there was a reasonable demand.
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