Cattle Slaughter Projected Higher into May
The US hide market began the week on a quiet tone with no trades reported on Monday.
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DDG prices were lower in the Minnesota/Dakotas, Indiana, Iowa, Michigan, and Ohio markets, while other regions remained steady on Monday April 15. Market participants said demand is flat, and exports are slow to recover, leading to a minor price decrease in most regions. Additionally, given the ongoing struggles faced by other proteins, there are expectations that DDGS will also face similar difficulties.
CME grain futures had a negative trend to start the week on Monday April 15. May corn decreased $0.04, falling...