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...
Argentina
Argentina celebrated its Memorial Day holiday on Monday and Tuesday, making for an abbreviated market this week. Slaughter is stable with a good supply of hides that exceeds tanneries’ current demand. Hide prices are moving downward without finding any foothold for stabilization.
Asian tanners in the split market have plenty of wet blue splits in stock which continues to push prices lower. Wet blue drop…