June 25
Covid-19 has been very relevant in this market, as several frigorificos do not slaughter due to suspicious cases. Tanneries continue to reluctantly receive few hides. In view of this situation, the Argentina National Government eliminated tariffs that govern the export of leather for 60 days, through Decree 549/2020 published this week in the Official Gazette.
In addition, the activity of tanneries was incorporated without restrictions as essential, for the purposes of the emergency and in order to exempt those who carry out tasks in the field.
The decree highlighted that the global health crisis caused by the coronavirus pandemic led to a sharp drop in the levels of hide exports, which generated the accumulation of these in the…
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.