Wet Blue Export Shipments Rise Week-on-Week
The hide market remained relatively steady, with sources reporting no recent trades and agreeing with the current price ranges....
Price ranges for corn gluten meal remained relatively stable throughout the day. However, there were reports on corn gluten feed that led to a decline in Illinois, Iowa, and Chicago rail prices. Market participants noted that the market is still on the defensive end and is moving lower as corn continues to weaken.
Most CME grain prices showed a downward trend on Wednesday. The only grain price that increased was March wheat, which rose $0.005 and closed at $5.83/bu. March soybeans decreased $0.1825...