09.29.2023
Vegetable Oils & Animal Fat Prices Post Week on Week Drop
The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
Argentina
September 14
Argentine slaughter totaled 1.23 million head in August, 4 percent below the month prior and unchanged compared to last year.
Good quality Buenos Aires wet salted heavy steer prices remain unchanged at about US$0.54 per kg.
Demand is unchanged.
September 7
In Argentina, the decrease in slaughter continues with prices up 5-10 Argentine pesos to a steady dollar. This represents an approximate rise of 1 to 2 cents.
Therefore, we can say that today, good quality Buenos Aires wet salted heavy steer prices are quoting upwards at about US$0.54 per kg.
Demand remains low.
The fair in Shanghai showed firm demand for shoes and upholstery business for Easterners, but minimal for Westerners.
Automotive leather demand is slow, with little volume.
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