Edible Oil Prices Collapse after Official RVO Rule
World vegetable oil futures markets collapsed on Wednesday following the release of long-awaited but lower-than-expected final RVO mandates from...
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Bidding Active for US Hide Market
Bidding activity midweek was active for both, steer and cow hide markets. The highest bids from tanners were steady to last traded levels or $1 less. Some sellers are in position to ask for more than last traded levels since their inventories were low enough and they have received sufficient demand. No trades were concluded today.
Sellers thoughts on the near-term market is positive since demand has been consistent and buyers are willing to pay current market levels with minimal resistance. When footwear tanners...
