Demand from Upholstery Sector Drives Cow and Bull Hide Prices Higher
Hide buyers actively bid for material today from traders, but not from packers. Several packers reported minimal new bidding...
CME grain prices shifted higher across the board on Thursday. March soymeal increased by $2.60 and closed at $361.30/st. March soybeans increased by $0.0775 and settled at $12.13/bu. Furthermore, March corn rose by $0.0175, reaching $4.44/bu, and March wheat increased by $0.03 to $5.85/bu. Despite a round of technical buying today, corn, soybean, and wheat prices showed minimal gains. Corn is close to hitting three-year lows, while soybeans were at the lowest levels in over two y...
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