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Blog

Hide Tanners Begin Closing for Lunar New Year

Alexandra Watts | 01.29.2024

Trading was active to start the week for some sellers that had negotiations carry into the weekend. Packer Branded Heifers (BH) traded up $1/piece from the last reported trade, but steady for the parties involved in today's action. There is limited availability of heifer hides available in the market at this time of year.
Tanners in China have begun their Lunar New Year (LNY) holiday closings even though the official holiday is scheduled for February 9th to the 16th. Buyers will monitor the...

Nearby Cash Basis on SBO Remains under Pressure

At the cash market, basis on crude-degummed soybean oil in central Illinois and the U.S. Gulf remained at depressed levels...

Conventional Corn Could Play a Role in Organic Corn Prices

We feel that a drop in conventional corn prices will...

Strong Q4 Blending Weighs on Q1 Biodiesel Pricing

Renewable fuel RIN production climbed 11 percent in 2023, largely powered by surging D4 biomass-based diesel blending. The Renewable...

Flat Fat Market to Close Last Full Week of January

The market closed the week on a very quiet tone with no changes or trading reported. Many are reconfiguring...

Prices for Porcine Proteins Rally

*Please note – Chloe Krimmel was out of the office on Friday and will return on Monday, January 29th....

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Sausage Casings Bulletin Jan 26, 2024

Runner Market Commentary
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Drought Conditions Persist Throughout the Country

There was a significant amount of trading in grain and feed products this week. DDGS prices have increased in...

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Winter Weight Hides Squeeze Sellers’ Margins

Market sentiment was negative today when considering the weak hide demand from automotive and footwear hide tanners. Tanners in...

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12.26.2024

East Coast renewable diesel supplies likely to decline: EIA

Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...

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12.26.2024

US animal fats and oils markets mostly stable, with movement only in CWG

The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.

The only notable activity observed...

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12.26.2024

Avian flu spikes in poultry, cattle sector at end of 2024

US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.

US avian flu update
Year-to-date US poultry headcounts affected by...

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Hide Tanners Begin Closing for Lunar New Year

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