US soybean oil exports surge to new marketing-year high
The recent rally in soybean oil futures continued on Friday July 5, following a break for the US Independence...
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US hide price improves; Chinese tanners struggle with tight cash flow
Hide trading was active following the Independence Day holiday closures for US sellers on Thursday July 4, with slight price improvements from the first half of the week, July 1-3. Chinese tanners struggled with cash availability due to high hide inventories and minimal leather orders.
A US packer reported regular weight heavy native steers at $32 per piece, $3 per piece higher than a report from another US packer. The higher trade was intended for automotive upholstery usage.
Other sellers reported regular weight branded heifer hides...
