November 12
In October, 1.26 million cattle were slaughtered, up 1% since September but down 3% year-on-year comparison.
This is the fourth month of the year lagging behind the same month of 2019. However, the daily average slaughter was 6% higher than last September and in October 2019.
By taking advantage of the postponed wet salted hides export rate until the end of the year, some estimate that in 2020 Argentina will export around 2 million wet salted hides.
Due to the resumption in automotive upholstery and the growth in residential furniture upholstery, demand on good quality Buenos Aires wet salted heavy steers increased, quoting now somewhat upwards from last week at about US$0.20 per kg.
There continues to be minimal demand for light-weighted cattle hides.
…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...