November 5
Slaughter remains at quick, but steady pace, mainly on light-weighted cattle which aren’t in much demand. However, heavy raw hides are so the price has risen to Arg. 16 pesos (about US$0.19) per fresh kg and the price for light hides dropped to Arg.$14 (about US$0.17) per fresh kg.
Good quality Buenos Aires wet salted heavy steers are quoting unchanged from last week at about US$0.18 per kg.
The postponed wet salted hides export rate will continue until the end of the year, so wet salted hide exports continue firm.
As for leather demand, there is a lot of uncertainty due to COVID-19 in Europe and in USA, which are Argentina’s main sources of consumption.
Beef Argentine exports continue at a steady pace, with three consecutive months in which 12-month mobile shipments are…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...