May 7
In April, almost 1.2 million cattle head were sent to slaughter, up 8% from March and 9% more than a year ago. If adjusted for business days, the comparison with respect to both parameters, marked a drop of 2% with respect to both of them.
Prices of Buenos Aires wet salted heavy steers continue quoting at about US$0.07 per kg. The leather market continues to be very lousy, with hope for some European factories to reopen.
China is slowly opening, but without delivering orders to USA or to Europe. Mexico remains partically closed until May 30th.
April 30
No news since last week. The situation in Argentina is looking meek. Fresh hides remain at Arg. $0., so they are…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...