Bearish Outlook on Hide Prices in Near-Term
The US hide market started the week with some carryover business for packer hides at steady to current market...
Sources have reported light trades on DDGS today, a rise for the price range in Minnesota/Dakotas and a slight increase in Iowa. Participants have noted that the market has been moving higher primarily due to the continuous increase in export demand and meal exports.
CME grain prices shifted higher across the board on Monday. December soymeal surged by $19.70 and closed at $469.10/st. January soybeans increased by $0.35 and settled at $13.82/bu. Furthermore, December corn rose by $0.1325, reaching $4.77/bu, and December wheat...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...