July 2
Argentine beef exports totaled 84 thousand tons equivalent carcass (TEC) in May, 25% more than in April and almost the same difference with respect to May 2019.
At the same time, they were very close to the 90 thousand TEC monthly average achieved in the last quarter of 2019, the record figure of many decades.
Chinese purchases were decisive in this development, reaching more than 51 thousand shipping weight (75 thousand TEC), the absolutely highest monthly record. It beat December shipments, which were the previous record.
Slaughter continues high and sustained.
Good quality Buenos Aires wet salted heavy steers remain quoting at about US$0.04 per kg.
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...