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.
June 11
In May, 1,168 million cattle head were sent to slaughter, down 1% from April and from May 2019.
If adjusted for business days, the comparison respect April, marked a monthly rise by 9%, and 14% year-on-year.
This is a big change in movement in relation to the steady increasing trend that has been dragging on in recent months. The data is comparable with those of last June (+12%), November (+15%), and February (+11%), which were surrounded by months that averaged increases of 2%.
On June 3, nearly a hundred Jewish religious people arrived on a special flight from Israel to obtain the slaughter according to the kosher rite at six Argentine plants. The production will be to export the beef to that…