05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
**Please note — The Jacobsen will close trade for the bulletin on Friday, Dec 29th at 1pm CT and publish shortly thereafter. There will be no reports on Monday, Jan 1st.**
Trading in the US hide market was slow today ahead of the early closure on Friday and the New Year’s Day closure on Monday. Hide plants and tanneries are expected to be closed over the weekend and, in some cases, for several days extending holiday periods.
A small quantity of packer Heavy Texas Steers hides traded up $2.50/piece from yesterday’s levels. Several sellers stated their last sold prices were steady or lower with yesterday’s price levels due to the consistent, low bids on branded hide material from shoe tanners.
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