Buyers Testing the Market with Aggressive Low Bidding
Last week the US hide market continued under pressure with some buyers testing the market with aggressive low bidding...
Late last week trading was done at $1050 on ruminant and porcine blood meal out of the Mo. River market. A load of porcine traded today at $1100 FOB Midwest. Sources have reported that the stronger hog kills had put more material in the market. Ruminant MBM traded late on Thursday at $285 FOB Mo.
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