Chinese buyers anticipate uptick in hide demand in Q3

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Chinese buyers anticipate uptick in hide demand in Q3

Hide trading was minimal on Tuesday June 11, but several customers in China discussed an expected increase in buying activity in the third quarter, according to several US hide sellers.

Regular-weight heavy native steer (HNS) hides traded down by $1 per piece to $28 per piece, and regular-weight heavy Texas steer (HTS) hides traded up by $3 per piece to $24 per piece. The latter trade was disclosed by a seller that has been typically reporting HTS trades at $24.00-24.50 per piece on...

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US spot edible oil prices little changed in dull trade

US spot edible oil prices little changed in dull trade

Fastmarkets' basis assessments for soybean oil, crude/de-gummed, fob central Illinois and US Gulf were steady. 

July soybean oil...

Organic soybean meal imports up 147%

Organic soybean meal imports up 147%

Organic soybean meal prices have been steady, maintaining a price floor at $800 per ton delivered in Pennsylvania and...

Slowing US biodiesel output supports crude glycerin prices

Slowing US biodiesel output supports crude glycerin prices

A strong start for US biodiesel production in 2024 has the production pace quickly closing in on the 2024...

US BFT renderer, CWG prices increase further on strong demand

US BFT renderer, CWG prices increase further on strong demand

The US animal fats market opened the week with a handful of trades at higher prices on Monday June...

Six-week hog slaughter forecast up from 2023

Six-week hog slaughter forecast up from 2023

US hog slaughter
The Fastmarkets research team forecasts hog slaughter at 2.38 million head in the week to Saturday...

Central Illinois soymeal prices drop below weekly, yearly levels

Central Illinois soymeal prices drop below weekly, yearly levels

Most grain prices on the Chicago Mercantile Exchange rose on Monday June 10. The July soybean futures contract increased...

Hide buyers look for supply alternatives to on-strike Cargill plant

Hide buyers look for supply alternatives to on-strike Cargill plant

A few hide buyers were forced to look for alternatives to replace their supply from Cargill’s Dunlop plant in...

Soybean oil futures open week with small gain

Soybean oil futures open week with small gain

US benchmark soybean oil futures ended the day’s trading with a nominal gain on Monday June 10, following a...

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