Rising Soybean Oil Price not Enough to Lift CME Crush Margin
** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane -...
Sellers reported moderate activity to start the week with most bids a few dollars lower than current market levels.
Light-weight Heavy Native Steer (HNS) and Branded Steer (BRS) hides traded sideways today. Regular-weight HNS and Butt Branded Steer (BBS) hides traded down $0.50/piece and up $0.50/piece from the last reported sale, respectively. For one seller, the increase for BBS was driven by increased activity from automotive tanners in China. The decrease in the HNS price was due to lacking demand ...