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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According to indications, the hide market was slow to start the week. This was due to a significant number of participants arriving in China to attend the All-China Leather Exhibition (ACLE). Market participants anticipate more business as the week progresses.
Cattle Slaughter Forecast
Cattle slaughter is forecast by The Jacobsen at 635,00 head this week, up 1.44 percent from last week and down 1.15 percent from last year. Cattle slaughter finished last week at an estimated 626,000 head, up 1.62 percent from the week prior and down 7.66 percent from last year. Over the next six weeks, slaughter is forecasted at an…