11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Argentina (October 1)
Slaughter continues to be stable at a good pace.
Hide prices are settling lower, in the order of US$1.05 per kg for wet salted Buenos Aires steers.
Demand is still very low with no high expectations for coming months. The supply of hides continues to overcome tanneries’ needs.
Argentina (September 24)
Slaughter is stable.
Hide prices are unchanged…