US soybean oil futures spike on bullish WASDE ahead of 45Z guidance
Benchmark soybean oil futures rallied by more than 6% in the session on Friday January 10, propelling the March...
The hide market continued active negotiations with buyers in the week ended on Friday January 10, particularly in the cow and steer hide sectors.
According to several sellers, cowhide buyers aimed to push prices lower, with some sellers under pressure to move quantities soon and possibly conceding to reduced pricing. Meanwhile, steer hide buyers showed increased willingness to meet current market levels, with one large packer reporting steady demand on butt branded steer hides (BBS) and native heifer hides.