SBO Futures End Higher after Early Rally
U.S. soybean oil prices in Chicago settled higher, but well off the day's highs on Monday due to late...
Blog
Buyers Building Hides Inventory Ahead of Winter Months
Steer hide trading today was down 50 cents from Friday’s close. The downward movement followed buyer resistance to pay current market levels and the anticipation of reduced hide quality coming from winter hides.
Historically, winter hides have the worst grading of the year because of the harsh weather conditions for US cattle. Buyers typically build their inventories prior to the months of January and February to have better quality material in stock. Following the historically poor quality of hides last year, buyers are...
