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Blog

UAW Strike Continues, Hide Trading is Limited

Alexandra Watts | 09.18.2023

US hide trading was limited following the weekend due to minimal demand. The majority of the market continues to monitor the United Auto Workers (UAW) strike that began on September 15. Hide shipments have been delayed as tanners hesitate to make new purchases while near-term auto production is unknown.

The strike consists of roughly nine percent of the UAW’s members, according to NPR. This is a small percentage of the workforce, which gives the UAW the ability to increase the number of individuals...

Vegetable Oil Futures Sink to Open New Week

Cash vegetable oil markets were quiet to open the new week. Crude corn oil indications in the Midwest were...

Organic Soybean Meal Tests Current Floor

Organic soybean meal prices are attempting to find a bottom. Prices are now...

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hempseed Feed...

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Soybean Oil Stocks Fall to 71-Month Low, Crush Reaches 11-Month Low

The National Oilseed Processors Association (NOPA) reported the August soybean crush at 161.453 million bushels, 6.8 percent below the...

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Animal Fat Market Continues to Trend Higher

The market was very quiet today with the only action coming from a bid to buy four cars of...

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2023/’24 GCAU’s Push Lower From Prior Forecasts

Diminished trade along with market unease led to a generally flat market tone for the week. Most adjustments were...

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Sausage Casings Bulletin Sep15th, 2023

*Please note,

As a result of changes in trading patterns, Fastmarkets The Jacobsen proposed to change the price assessment methodology and pricing for...

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U.S. Temperature Outlook Remains Above Prior Year Average

Limited price adjustments on grain and feed items were reported this week with most participants trading steady or sitting...

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09.20.2024

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

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09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

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09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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