US cash soybean oil market still stalled amid policy, tax uncertainty
As US soybean oil futures prices rebounded on Thursday January 23 following a sharp sell-off at midweek, cash trading...
Brazil
The price of Brazilian wet blue TR1 hides increased week on week to $0.64-0.70 per square foot CFR during the week to Thursday January 23, a few sellers told Fastmarkets.
Potential new tariffs from President Donald Trump’s administration are not expected to significantly affect Brazilian beef exports to the US, Roberto Perosa, head of the Brazilian beef exporters association (ABIEC), said in an interview on Wednesday January 22.
According to Reuters, low cattle inventories in the US and an ex...