Hide prices soften further, have potentially reached floor
Market participants began the week starting Monday May 20 trading hides at lower prices than the week prior, but...
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US soybean planting above 5-year average but down year on year
Chicago Mercantile Exchange grain prices mostly fell on Tuesday May 21. The July CME wheat futures contract showed the only increase, rising by 8.75 cents per bushel to close at $6.97 per bu.
The July soybean futures contract decreased by 11.75 cents per bu, settling at $12.36 per bu, and July soymeal dropped by $1.80 per short ton to $372.30 per ton.
Meanwhile, July corn fell by 2.5 cents per bu to $4.58 per bu.
Wheat stood strong, reaching its highest...
