Hide bids lower week on week; automotive hide buying weak
A seller told Fastmarkets that steer hide bids were on average down by $2 per piece from the previous...
Furthermore, May soymeal rose $0.80 per short ton to $346.00 per ton, while May corn dropped $0.0525 per bushel, reaching $4.37 per bushel.
Grain futures showed a decline in soybean and corn prices following a wave of technical selling, with planting progress across the Midwest this past week creating seasonal downward pressure. On the other hand, wheat prices surged due to weather issues in Russia, Europe and the US and persistent geopolitical concerns in the Middle East...