Last week the US hide market was steady/firm with some producers continuing to push for higher prices and finding spotted pockets of willing buyers, but many customers refused to pay more. With limited volumes, a few selections traded $2 to $3 higher including HTS for $66 and BS for $64. However, both of these selections had a wide range of prices with packer Branded Steers selling from $60 to $64 and Heavy Texas Steers from $63 up to $66 FOB…
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...