05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Last week the hide market traded from steady to a dollar lower with volumes reported mixed from supplier to supplier. A few producers and suppliers reported they sold a lot of hides but if wet blue is taken into consideration, to say sales matched the week’s 538,000 kill would probably be a stretch. A couple suppliers noted when they countered low bids, the buyers simply disappeared. The majority of big packer HNS traded in the range of $100…