Strong Cattle Slaughter Projected For Holiday-Shortened Week
Hide trading over the weekend was minimal with most sellers reporting that business was wrapped up before the weekend....
The latest reports indicate that DDGS prices decreased in certain states such as Minnesota/Dakotas, Illinois, and Iowa. Market participants have acknowledged weaker DDGS values and have expressed the challenges they are facing due to the current cold and snowy weather.
CME grain prices were mixed on Tuesday. March wheat declined $0.14, closing at $5.82/bu, and March soybeans increased by $0.03, settling at $12.27/bu. In addition, March soymeal rose by $9.00 to $371.10/st. while March corn dropped by $0.035, reaching $4.43/bu. Most grain prices...