The tone of the hide market began to show signs of improvement during the latter part of last week when the steady tide of falling prices began to recede. There is an expectation that producers may follow up with firmer offerings this week but a few early offers appear to be steady with last week’s asking prices. While sales activity to date has been relatively light, a few sales reports are close to last week’s trades. Sentiment remains mixed…
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...