September 3
Argentine beef exports reached 78 thousand tec in July, which has recovered from the month-on-month drop in June. The record total of 913 thousand carcass equivalent tons accumulated during the last 12-months has not been reached within the 60 years. Even though prices improved, they still are 23% lower in the year-on-year comparison.
Quarter three had a monthly average of 80 thousand tons of carcass equivalent (tec) which has returned to the rates from the last quarter of 2019 marking 10 thousand tec less than the all-time record for the last calendar quarter of 2019.
Slaughter remains steady as there is a large supply of hides and very little demand from the tanneries. Raw fresh hides continue being delivered at zero…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...