March 18
Slaughter remains unwavering from last week.
Good quality Buenos Aires wet salted steers remain quoting upwards from last week, now at about US$0.55~0.60 per kg.
Demand continues unchanged.
The USDA projects a fall of 6% in Argentine beef exports for this year.
In a recently published report, the USDA forecasted shipments for 850 thousand TEC, 55 thousand TEC less than in 2020. The reduction is based on a lower slaughter due to the difficulties in the feedlots.
March 11
February slaughter was reported at 1.04 million head, up 2 percent from January and also up 4 percent on YoY comparison.
Slaughter continues unchanged from last week.
Good quality Buenos Aires wet salted steers continue quoting upwards from last weeks, now at about US$0.50 per kg. The increase is…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...