Slower Consumer Spending Adds Negative Risk to Hide Market
Market Update
Hide trading was steady to higher for hides at midweek. Negotiations are ongoing with most buyers,...
Market Update
Wheat midds were mixed today due to recent activity on the corn board. Buffalo was reported by sources to be running long, and although farm mills ran well over the weekend, feed demand remains weak. According to participants, central states have managed to remain steady despite poor farm mill run time, which is anticipated to improve.
CME grain prices rose again today, except for soybeans, which experienced a drop of $0.0050 to close at $14.91/st. Corn, on the...