Steer Hides Trade Down From Last Week
Hide trading today was sideways for Dairy Steers, Heifers, Kip Skin and Small Packer. Butt Branded and Colorado Branded...
Based on recent reports, there has been a decrease in the price of corn gluten meal, while corn gluten feed showed a slight increase. Market participants have stated that wet mills are not running properly in sub-zero temperatures, resulting in possible production disruptions which could lead to further price pressure in the near term.
Most CME grain prices had a downward trend on Wednesday. The only grain price that increased was March wheat, which rose $0.005 and closed at $5.82/bu. March soybeans...