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.
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...