RBD Bean Oil Basis Climbs on Tight Supply, Solid Demand
Basis on refined, bleached, and deoderized (RBD) soybean oil in Illinois climbed again this past week, driven higher by...
Author: Alexandra Watts
Slowing Furniture Sales Result in Weak Demand From Hide Tanners
Steer hides traded higher than yesterday’s levels and lower in some cases. Regular weight heavy native steers traded $0.50 higher than yesterday, heavy dairy steers traded sideways and regular weight butt branded steers traded down $1.
The majority of sellers in the hide market remarked on weak leather demand and buyer requests to slowdown shipments. Footwear and auto tanners were somewhat active today from Mexico, China, Taiwan and Japan. Upholstery and handbag remain slow. The luxury sector continues firm but sellers have noted...
