Renewable diesel demand for soybean oil down 31% in September: EIA
Feedstock demand fell in September, for a third consecutive month after reaching an all-time monthly high of 3.47...
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Hide trading slow over Thanksgiving holiday
Trading in the US hide market remained slow over the Thanksgiving holiday to Monday December 2. Sellers were reluctant to aggressively market hides, while buyers displayed limited interest in making significant purchases. Although there were some inquiries from buyers, many bid at prices considered unreasonably low, which most sellers chose to ignore.
Despite subdued activity, a post-holiday after-hours trade was done with the packer maintaining pricing at previous levels, with regular-weight butt branded steer (BBS) hides unchanged at $26.50 per piece. The lack o...
