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…
01.16.2025
USA BioEnergy acquires land for Bon Wier SAF facility
USA BioEnergy has completed the purchase of land for its greenfield sustainable aviation fuel (SAF) production facility in East Texas, the company announced on Tuesday January 14.
The...
01.16.2025
Prices for US animal fats and oils hold steady despite declines in vegoils, energy complex
Activity in the US animal fats and oils markets slowed on Thursday January 16, with the industry continuing to process the implications of the updated Greenhouse Gases, Regulated Emissions,...
01.16.2025
Mid-January ruminant MBM, soybean meal relativity above 5-year average
Market sources reported limited trade volume to Fastmarkets on Thursday January 16, keeping most US animal protein trade prices rangebound for the day.
At close, the benchmark March...