Strong August Furniture Sales Despite Bearish Chinese & US Housing Markets
Midweek hide trading was active for steer and cow hides.
Automotive tanners showed demand for Heavy Native Steers...
Sources reported quiet trading for wheat midds, indicating steady levels. However, market participants reported trades for DDGS with price ranges falling in both Indiana and Ohio.
Most CME grain prices witnessed a downward trend on Wednesday. The only grain that experienced an increase was December corn, which jumped by $0.025 and closed at $4.88/bu. November soybeans decreased by $0.19 and settled at $12.52/bu. Additionally, December soymeal dropped by $0.40 and closed at $377.10/st., and December wheat fell by $0.025 to $5.56/bu....