Vegetable Oil Futures Sink to Open New Week
Cash vegetable oil markets were quiet to open the new week. Crude corn oil indications in the Midwest were...
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UAW Strike Continues, Hide Trading is Limited
US hide trading was limited following the weekend due to minimal demand. The majority of the market continues to monitor the United Auto Workers (UAW) strike that began on September 15. Hide shipments have been delayed as tanners hesitate to make new purchases while near-term auto production is unknown.
The strike consists of roughly nine percent of the UAW’s members, according to NPR. This is a small percentage of the workforce, which gives the UAW the ability to increase the number of individuals...
