Recent uptick in refined soybean oil basis likely to stall: sources
This week’s push higher in basis indications for interior US refined, bleached and deodorized (RBD) soybean oil was expected...
The US hide market was relatively slow to close the week on Friday February 14. Market sources indicated that trading was limited, though there were trades reported on heavy native steers (HNS) and butt branded steers (BBS), with steady values observed for the rest of the market.
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