09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
Argentina
August 31
Argentina exported around 93 thousand beef tons of carcass equivalent (tec) in July. This was just below what was achieved in May but 27 percent higher in relation to June (73 thousand tec).
Slaughter fell sharply this week causing prices rise.
Farm prices remain high as beef is not sold leading many slaughterhouses to slow or shutter operations.
Good quality Buenos Aires wet salted heavy steer prices are quoting upwards at about US$0.52 per kg.
August 24
Slaughter has slowed due to increased cattle prices and heavy rains. Some frigorificos have completely halted operations while others run one or two days leading to less volume.
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