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Blog

Jobs Data Raises Hopes for Growing Demand for Organic Animal Proteins

Alexandra Watts | 01.05.2024

The December jobs report released today once again surprised analysts with an additional 216,000 jobs added to nonfarm payrolls. This is a continued indication of the economic resilience in the U.S., firming up hopes for a soft economic landing. The implications of a soft economic landing on Federal Reserve policy are yet to be seen.

With economic conditions having an outsized influen...

LCFS Credit Trading Volumes Drop, Prices Rise

*Please Note – Bob Lane will be out of the office through Friday, January 5, 2024, returning on Monday,...

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Limited Trade Reported for Thursday

Participants in the animal protein sector continued to indicate mostly flat pricing levels for the first trading week of...

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UCO Trades Higher into EU Market, Negative Pressure Persists in US and ANZ

The beginning of 2024 has been somewhat quiet with not a lot of activity reported to start the new...

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U.S. Weekly Ethanol Production Drops, Stocks Rise

Reports suggest the price range for wheat midds decreased in Minneapolis and Kansas City, while Buffalo increased....

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Heavy Supply of Jumbo Weighted US Steer Hides

Buyers were active in the hide market today, bidding on cow and jumbo weighted steer material. Some sellers stated...

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Paraguayan Wet Blue Hide Production Reach Record Lows in 2023

Argentina

January 4

Last week, wet salted hide prices rose 3 cents per kg.
Good quality Buenos...

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Unsettled Soybean Oil Market Continues into 2024

Operations at Bunge's Decatur soybean crush plant in Indiana were halted last week due to a damaged natural gas...

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International Animal Proteins – 04-01-24

International animal proteins were called flat for the last two weeks, with limited trade reported in most regions. Very...

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Blog

Jobs Data Raises Hopes for Growing Demand for Organic Animal Proteins

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