Corn Oil Basis Climbs with Increased Demand
Cash corn oil markets bounced higher on Monday due to an uptick in demand and gains in soybean oil...
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Cattle Slaughter Levels Continue to Fall
There was sideways trading over the weekend with interest from Chinese and a few Italian tanners. Conversations amongst sellers were that of lower supply and slowing demand. Buyers have frequently discussed the poor economic state in China, but also low leather prices due to minimal demand.
Tanners are curious what will unfold at the All China Leather Exhibition (ACLE) in Shanghai at the end of the month. Market players are focused on near-term and long-term market direction for the global leather market.
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