Cash Soybean Oil Basis Erodes Further
Over the last week, U.S. interior soybean oil basis levels on crude-degummed (CD) and refined, bleached, and deoderized soybean...
Blog
Strong Buyer Disinterest in Wintertime Hides
The week began with a quiet tone across the market. Tanneries in Mexico will begin to close for the holidays starting Friday and remain closed until after the New Year.
Most customers do not have interest in wintertime hides, due to the poor quality, or in buying with shipments to be received during the Lunar New Year. Buying activity is expected to be slow over the next four weeks due to holiday downtime. Hide inventory will build during the next several weeks due to the down...
