June 18
Slaughter continues at full pace, and their fresh raw hides continue valueless, at zero Pesos.
Buenos Aires wet salted heavy steers continue to be offered a lot, but very little demanded, dropping again, quoting downwards at about US$0.04 per kg.
Today, some tanneries are working at about 10-20% of their capacity.
With holidays coming in the Northern Hemisphere, there are no signs of revival at the moment.
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%…
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.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...