Soybean Oil Basis Holds Steady
*Please Note - Amanda is out of the office Monday July 17 through Friday July 21. Please contact Bob...
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Slower Consumer Spending Adds Negative Risk to Hide Market
Market Update
Hide trading was steady to higher for hides at midweek. Negotiations are ongoing with most buyers, but buyers have increased their bids to current market levels. Sellers plan to counter to increase business another $0.50. Some sellers reported strong volume of bids on cows and some customers bid on material that wasn’t offered by the sellers.
Heavy native steers traded sideways and butt branded steers traded up $1 from yesterday’s levels.
Chinese customers continue to face challenges surround the Chin...
