Europe
Before Christmas, the European market was bearish but that is not the case in 2015. The depreciation of the Euro coupled with the closing of US West Coast ports prompted the Chinese to buy a lot of hides including bulls, heifers and especially cows, so the European market firmed up.
With the reopening of the US ports, an increased supply of hides will now be arriving in China. That, with the probability of…
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...