Hide market direction uncertain on November 21
The hide market on November 21 reflected steady demand in some areas but remained uncertain overall, according to market...
Corn
US corn sales for 2024/25 were reported at 1.49 million tonnes in the week to November 14, up by 14% from the previous week but down by 40% from the prior four-week average, and within the USDA’s expected range of 1 million-2.2 million tonnes, USDA data showed on Thursday November 21.
Much of the increase came from Mexico (787,400 tonnes), unknown destinations (146,300 tonnes), Japan (132,100 tonnes), Colombia (80,800 tonnes) and Vietnam (68,200 tonnes). The USDA groups undisclosed destinations under the umbrella...