November 12
In October, 1.26 million cattle were slaughtered, up 1% since September but down 3% year-on-year comparison.
This is the fourth month of the year lagging behind the same month of 2019. However, the daily average slaughter was 6% higher than last September and in October 2019.
By taking advantage of the postponed wet salted hides export rate until the end of the year, some estimate that in 2020 Argentina will export around 2 million wet salted hides.
Due to the resumption in automotive upholstery and the growth in residential furniture upholstery, demand on good quality Buenos Aires wet salted heavy steers increased, quoting now somewhat upwards from last week at about US$0.20 per kg.
There continues to be minimal demand for light-weighted cattle hides.
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...