Hide supply increases along with higher-than-expected cattle production
Hide supply increased more than previously expected in the spring of 2024, driven by an upswing in cattle slaughter,...
Chicago Mercantile Exchange (CME) grain prices shifted higher across the board on Monday May 20.
The July soybean futures contract increased by 20 cents per bushel to settle at $12.48 per bu, and July soymeal jumped by $5.30 per short ton to $374.10 per ton.
Meanwhile, the July corn futures contract increased by 8 cents per bu to $4.60 per bu, and July wheat rose by 37.50 cents per bu to close at $6.88 per bu.
Corn prices pushed higher after...