Active bidding for midweek; sustainability trend weighs on hide price recovery following Covid-19 pandemic
Several sellers reported firm bidding activity from buyers in China, Thailand, Mexico and Indonesia on Wednesday August 7.
Chicago Mercantile Exchange grain prices fell on Wednesday August 7, with the November CME soybean futures contract decreasing by 8 cents per bushel to settle at $10.18 per bu and September soymeal dropping by $7 per short ton to $323.60 per ton.
Meanwhile, the September CME corn futures contract declined by 5.50 cents per bu to $3.83 per bu, and September wheat futures fell by 5 cents per bu to $5.38 per bu.
Wheat middlings prices in Minneapolis declined on Wednesday, while...