The hide market this week remains in a holding pattern with a moderate number of sales at relatively even prices. With the exception of a few outliers, most packer HNS are trading from $101 to $102, BBS around $100 and HTS at $96. Cow business appears to be stable with several sources reporting good sales last week and quite a few bids this week. One source notes they are sold out of branded cows. To provide a little more context to the state…
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...