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%…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...