US soybean oil price finds unexpected support from export demand
The great soybean oil price collapse expected by many has failed to materialize. Increased soybean oil supply due to...
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US cattle hide supply remains tight
Trading in the US hide market was slow on Monday November 18, but most sources discussed the status of cattle hide supply.
In the US cattle market, feeder cattle futures experienced significant volatility, reaching record highs in November, with live cattle prices steady around $185 per hundredweight in key regions such as Texas and Kansas, according to Barchart.
Market participants indicated that, simultaneously, elevated feed costs and drought conditions led to herd reductions, decreasing the number of...
