Hide Demand From Furniture Upholstery Sector Continues to Lag
Market Update
There was good demand for steer hides used by automotive tanners due to increase leather orders...
Trading activity for wheat midds was relatively quiet today, apart from two active trades in the central states. Market participants reported that central states traded down due to rapid fluctuation on the corn board. However, activity in Buffalo was steady, with farm mills continuing to run normal this week.
CME grain prices were mixed today, soybeans experienced a jump of $0.3075 to close at $15.46/bu. Corn, on the other hand, dropped $0.1725 falling to $5.40/bu. Additionally, soymeal rose to $46...