April 23
The market is similar to last week with low slaugher numbers. Beef exports to Europe and domestic consumption are very low, whereas beef exports to China continues have been done at higher levels.
Fresh raw hides remain at zero price.
Tanneries are hardly operating.
The Buenos Aires wet salted heavy steers are being sold at about US$0.07 per kg, which do not even pay the cost of the salting.
April 16
Tanneries continue receiving fresh hides at zero price. Only freight, commissions and payment terms are being negotiated. Some believe that shortly, frigorificos will have to pay the tanneries for sending them cows and bull hides.
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04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.