Limited Trading This Week Due to Chinese Holiday

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Limited Trading This Week Due to Chinese Holiday

Alexandra Watts | 10.06.2023

The week wrapped up with most trading at steady to last week’s levels or $1 down depending on the selection. Steer hides were under the most negative price pressure due to limited demand for Branded Steer, heavy Texas Steers, and Colorado Branded Steers. The majority of this material is used in footwear leather which tanners in this sector continue to report minimal new leather orders.
Some sellers reported slowing hide demand for heavy native steers and a seller reported traded material down $1...

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Biofuel Demand for Soybean Oil Reaches New High

Biofuel Demand for Soybean Oil Reaches New High

*Please Note – Amanda is out of the office today and will return on Monday, October 9, 2023. *

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Research to Underlie Future Growth, Profitability in Organic Markets

Research to Underlie Future Growth, Profitability in Organic Markets

Research has been fundamental to the growth of the U.S. as a...

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Ongoing Hemp Research Necessary for Wider Adoption

Ongoing Hemp Research Necessary for Wider Adoption

Research has been fundamental to the growth of the U.S. as a...

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LCFS: Credit Volume 9-Week High, Price Drops to 23-Week Low

LCFS: Credit Volume 9-Week High, Price Drops to 23-Week Low

Weekly LCFS credit volume followed its quarterly cyclical trend, as volume pushed to a nine-week high last week. ...

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Heating Oil Drops Continue to Pressure Fat Market Lower

Heating Oil Drops Continue to Pressure Fat Market Lower

Technical tallow traded lower today, down to 70 cts/lb Chicago in substantial volume. There was a one car trade...

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Lower Soybean Meal Puts Meat and Bonemeal under Pressure

Lower Soybean Meal Puts Meat and Bonemeal under Pressure

Values were mostly steady for Thursday with pricing levels within the previously set ranges. 

Pressure on ruminant meat...

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International Animal Fats 5.10.23

International Animal Fats 5.10.23

Tallow and fat prices were higher out of the Australian and New Zealand markets to start the month. Prices...

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Corn and Soybean Export Sales Surge, Wheat Tumbles WOW

Corn and Soybean Export Sales Surge, Wheat Tumbles WOW

CME grain prices witnessed an upward trend across the board on Thursday. December soymeal increased by $5.20 and closed...

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09.19.2024

SAF roadmap, collaborations announced at Bali International Airshow

SAF roadmap, collaborations announced at Bali International Airshow

At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...

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09.19.2024

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.

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09.19.2024

Animal protein prices steady; August cattle, hog slaughter down

Animal protein prices steady; August cattle, hog slaughter down

US animal proteins were rangebound on Thursday September 19.

August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...

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