Low hide supply supports narrow trading ranges
The US hide market closed the trading day on Monday July 22 with little to no activity reported, but...
Chicago Mercantile Exchange grain prices rose across the board on Monday July 22.
The August soybean futures contract increased by 20.50 cents per bushel to settle at $11.17 per bu, and August soymeal jumped by $6.80 per short ton to $343.60 per ton.
Meanwhile, the September corn futures contract increased by 9.75 cents per bu to $4.00 per bu, and September wheat rose by 5.25 cents per bu to close at $5.48 per bu.
Distillers’ dried grain (DDG) prices dropped in...