Cash SBO Basis Levels Hold within Recent Ranges
Vegetable oil cash trading was quiet on Tuesday. Thinner demand for soybean oil and ongoing pressure on U.S. Renewable Identification...
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Cow Hide Demand Falls, Steer Hides Trade Higher
Hide sales left over from the weekend were concluded today, although buyers and sellers found it difficult to settle on prices.
Branded steers were reported up $1 per piece for regular weight material, but steady with last Tuesday’s report. Northern Dairy Cows fell $1.50 per piece today as sellers reported cow hide demand has declined over the last few weeks. Offer lists will be released tonight, which will give further indication of buyer demand in the second half of the week.
Sellers also...
