Robust Food, Fuel Demand Lifts RBD Soy Oil Basis Again
Refined soybean oil basis levels continued higher at midweek, due to robust demand from the food and renewable diesel...
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Chinese Real Estate Market Weighs On Domestic Furniture Sales
Midweek trading activity was sideways except for Colorado branded steers which traded $0.50 down for light weight material and $1 down on regular weight material.
Most demand was for cowhides, Colorado branded and branded steers. Most interest is from China, Japan, Thailand and some from Mexico.
A few sellers in the market reported discounted offers to tanners from packers if material can be shipped next week.
Sellers reported less jumbo weighted hides available in the market, but have seen more heifers available to trade.
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