Soft tone in China’s hide and leather market

Soft tone in China’s hide and leather market

Argentina

April 4, 2024

Due to the observance of Easter last week, plus the memorial of the Malvinas war this week, there were no trades reported.

March 28, 2024

The market remains stable.
Large export beef processing plants continue running their operations at full capacity whereas beef processing plants for domestic consumption have reduced their operations between 10-20%.
Argentine beef exports totaled 81,700 tons of carcass equivalent (tec) in February, achieving a five percent month-on-month increase and 17% year-on-year increase.
The beef export figures have been corrected after removing waste bones which were improperly added to calculations since July 2019. The percent comparisons also include the correction.

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Blog

04.30.2024

Biofuel feedstock demand rises while capacity declines: EIA

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

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

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...

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