December 17
This is likely the last active week of the year with the next two very short. Slaughter is composed of few steers and heavy cows, which are in very good demand. The slaughter has been more light animals that which have less desirable hides at the moment.
Good quality Buenos Aires wet salted heavy steers continue unchanged from last week’s price of US$0.24 per kg.
Demand is moderate, being the last full week of the year. It’s reasonable to expect lower prices for the next 2 to 3 weeks due to lower demand.
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%…
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...