Automotive-intended hides under price pressure
The week began with no trades reported, but several sellers reported sales over the past weekend were at last...
DDGS prices were lower across the board on Monday March 25. Market participants said demand has slowed down due to integrators having meal locked in at -35 to -30 basis, which is negatively impacting the DDG market. Additionally, market sources said shutdown season is approaching, and plants are tight on feed.
Most CME grain prices had an upward trend on Monday. The only grain with a decrease was May corn, which dropped $0.015 and closed at $4.37/bu. May wheat increased $0.0025 and settled...