Argentina
February 1
Slaughter volumes remain stable to the weeks prior.
Good quality Buenos Aires wet salted heavy steers are quoting downwards at about US$0.55 per kg.
Demand is weak while Chinese tanners remain inactive due to Chinese Lunar New Year (CLNY).
January 25
Market outlook is uncertain due to a lack of clarity surrounding the new economic rules with the new government. This week, the government sent hundreds of new economic rules to Parliament. Parliament began discussing the new rules on Wednesday 24th. This provoked a half a day strike, which among other issues, affected the slaughter.
Midweek, the US Dollar currency devalued against the Brazilian Real but has since returned to exchange rate levels from the start of the week.
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04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...