October 15
In September, 1.25 million cattle were slaughtered, up 4 percent since August, and up 3 percent year-on-year comparison.
However, when adjustments were made per business days, there has been a decrease of 5 percent month-on-month and a decrease of 1 percent year-on-year.
Female cattle made up 44.7 percent of the total slaughter (the same as in August), which was 1.7 points less than a year ago and the lowest level in more than two years (26 months).
Due to the lack of heavy steer hides, frigorificos raw fresh hides are quoting upwards at about 5 Arg. pesos per kg. This raises good quality Buenos Aires wet salted heavy steers prices, which are also quoting upwards at about US$0.07 per kg.
Tanneries continue to work at 25-30% of their capacity with low…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...