June 17
May slaughter was reported at 964 thousand heads, down 12 percent from April and down 17 percent year-on-year comparison.
Slaughter continues working at a normal rate this week.
Good quality Buenos Aires wet salted steer prices are also quoting unchanged at about US$085~0.90 per kg.
Demand also remains unchanged.
June 10
The government ban of beef exports has completed the 30-day probation. However, the intention to lower prices did not occur when, in fact, the prices increased. Additionally, the annual Hilton quota is under permit by Europe. If traders don’t comply, they run the risk of not receiving the report in the following year.
Slaughter is working at a normal rate this week due to the recovery from…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...