Hide price negotiations carry into weekend

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Hide price negotiations carry into weekend

The hide market continued active negotiations with buyers in the week ended on Friday January 10, particularly in the cow and steer hide sectors.

According to several sellers, cowhide buyers aimed to push prices lower, with some sellers under pressure to move quantities soon and possibly conceding to reduced pricing. Meanwhile, steer hide buyers showed increased willingness to meet current market levels, with one large packer reporting steady demand on butt branded steer hides (BBS) and native heifer hides. Read More

US soybean oil futures spike on bullish WASDE ahead of 45Z guidance

US soybean oil futures spike on bullish WASDE ahead of 45Z guidance

Benchmark soybean oil futures rallied by more than 6% in the session on Friday January 10, propelling the March...

Organic feed prices remain stable; supply concerns persist

Organic feed prices remain stable; supply concerns persist

Organic feed markets continue to move at a holiday pace, with light overall demand. Larger traders have throttled down origination...

Additional 45z guidance expected on January 10

Additional 45z guidance expected on January 10

Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released...

Prices for US animal fats and oils unchanged; market tightness persists

Prices for US animal fats and oils unchanged; market tightness persists

The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active...

Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise

Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise

US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided,...

European animal fats jump on increased demand; rapeseed oil prices rise

European animal fats jump on increased demand; rapeseed oil prices rise

Category 1 and 2 fat prices were unchanged at €780-800 per tonne DDP NWE, with bids heard at €775...

Correction to Soymeal, Hi Pro, fob Central Illinois on December 18: pricing notice

Correction to Soymeal, Hi Pro, fob Central Illinois on December 18: pricing notice

The

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Soymeal, Hi Pro, fob Central Illinois, $/tonne assessment was incorrectly entered as $280.00-285.00...

US hide prices remain historically low amid shifting demand

US hide prices remain historically low amid shifting demand

The US hide market continued to navigate challenges on Thursday January 9, as reported by several market participants, with...

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