Short Production Week in Argentina Due to Holiday Break

Short Production Week in Argentina Due to Holiday Break

Membership required to view content.

December 10

November Argentine slaughter totaled 1.24 million head, in line with the strong demand and steady paced slaughter.

There was a decrease of 1% compared to October and a rise of 2% compared to November 2019.

This work week is short in Argentina, as on Tuesday was the “Day of the Virgin”. Monday is also a holiday, called “Bridge Day”, so the work week begun on Wednesday.

Thus, in the 3 days of production, frigorificos have been producing the leftover hides. Fresh raw hides are paid light at 14 pesos, heavy at 16 pesos, cows at 4 pesos per fresh kg in BsAs area. The suspension of export rights for salted products continues until the end of the year.

Good quality Buenos Aires wet salted heavy steers are unchanged from last week’s price of US$0.24 per kg.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.15.2024

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...

11.15.2024

UCO 2025 market clouded by China’s cancellation of export rebate

UCO 2025 market clouded by China’s cancellation of export rebate

China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...

11.15.2024

US animal protein prices steady to firmer week on week; SBM under pressure

US animal protein prices steady to firmer week on week; SBM under pressure

The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...

Latest Tweets