Sustained rebound in BOHO spread needed to firm up margins
May delivery soybean oil futures settled at $0.4466 per lb, down by 65 basis points per lb or 1.43%....
A seller told Fastmarkets that steer hide bids were on average down by $2 per piece from the previous level and cow hide bids were on average down by $3 per piece down from the last-traded level.
Hides of northern dairy cow and southwestern dairy cow traded $0.50 per piece lower at $18 per piece and $17 per piece respectively, down from $18.50 per piece and $17.50 per piece previously, while northern native cow (NHNC) hides traded down by $1 per piece at...