April 29
Slaughter remains low.
Last week prices stabilized at Arg$76 per green fresh kg.
Also, good quality Buenos Aires wet salted steer prices are unchanged from last week at about US$085~0.90 per kg., which encourage some to start offering wet salted hides.
Demand for automobile upholstery leather remains firm. There is some businesses for footwear and apparel leather at low prices, which hardly cover costs with the current value of rawhide.
April 22
Slaughter is still low. The kill is predominately young cattle since there’s so few heavy hides. This contributes to the low supply of hides and more price increases.
There is discussion of implementing gradual increases of 3 pesos per week per fresh green kg,…
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...