Currency Slips Heading into New Year

Currency Slips Heading into New Year

Membership required to view content.

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%…

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

02.21.2025

US animal fats and oils markets finish week strong; broader uncertainty persists

US animal fats and oils markets finish week strong; broader uncertainty persists

The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...

02.21.2025

Sausage casings bulletin, February 21, 2025

Sausage casings bulletin, February 21, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is...

02.21.2025

US weekly net soybean meal exports, sales retreat again

US weekly net soybean meal exports, sales retreat again

In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...

Latest Tweets