Pressure on US soybean oil cash basis shows no sign of abating: sources
Interior US cash basis on crude/degummed and refined, bleached and deodorized (RBD) soybean oil remained under downward pressure on...
During the week started on Monday April 29, wet blue TR1 hides from Mato Grosso traded sideways from the week prior, and trading into the Chinese market was minimal due to tanners’ cash flow difficulties.
Argentina
According to one source, Argentina exported 77,000 tons of beef in March, down by 8% from February, but up by 14% year on year.
Cattle slaughter volumes were unchanged on April 25 compared with the week prior.
Buenos Aires wet salted heavy steer hides traded around $0.65 per kg on April...