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.
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.