August 13
Slaughter continues at heavy volume.
Fresh raw hides continue to quote at zero peso’s value. This encourages several frigorificos to export wet salted hides for the first time, taking advantage of the temporary suspension of the export tax rate.
The abundant offerings of raw wet salted hides continue from all over the country. Good quality Buenos Aires wet salted heavy steers prices remain unchanged, similar to the very limited demand. Prices continue to trade around US$0.04 per kg.
Tanneries continue to work at half capacity since the Northern Hemisphere is in vacation season, there is little demand for export.
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...