As expected, the US hide market is quiet with bidding traffic down considerably as the Asia market shuts down for the Lunar New Year holiday. A few buyers are testing the waters with lower bids and some traders are continuing to buy.
Everyone in the industry from producer to tanners is watching and hoping for the West Coast ports negotiations to be resolved quickly; however, there has been little news since the weekend. Most people are…
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...