This week the hide market has had a wide array of price ideas from both sellers and buyers with widening price spreads of bids and sales. Depending on source, the sentiment has also ranged from bearish to bullish with producers leaning toward the upbeat side, processors muted and traders somewhere in between. Hides are trading roughly at last week’s levels with a few exceptions a dollar or two higher or lower.
Today’s…
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...