The US hide market this week is trying to build a base off of two weeks of good sales but still seeing plenty of low bids. Sentiment is from neutral to bearish with the aggressive low bids beginning to wear on some suppliers. Many people think that prices are attractive enough to prompt buyers back into the market as selections are now trading in or below historic trading ranges. However, leather demand—with the exception of auto…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...