September 3
Argentine beef exports reached 78 thousand tec in July, which has recovered from the month-on-month drop in June. The record total of 913 thousand carcass equivalent tons accumulated during the last 12-months has not been reached within the 60 years. Even though prices improved, they still are 23% lower in the year-on-year comparison.
Quarter three had a monthly average of 80 thousand tons of carcass equivalent (tec) which has returned to the rates from the last quarter of 2019 marking 10 thousand tec less than the all-time record for the last calendar quarter of 2019.
Slaughter remains steady as there is a large supply of hides and very little demand from the tanneries. Raw fresh hides continue being delivered at zero…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...