The US hide market continues on the sluggish side on a slowdown from China buyers where the slowdown in the Chinese economy has had a crushing impact on commodities—including hide prices. While the market this week is just beginning, a few suppliers report seeing bids with buyers testing the market. Meanwhile, producers are just starting to put out offers and most are expected to try once again to hold prices from falling. Asking prices…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...