January 21
Slaughter is running at a low pace.
Cattle offers are scarce which are making ranchers ask frigorificos higher prices. But, they cannot complete due to the government “price-care program”.
As a result, prices of fresh raw hides increased by 2 pesos in all categories. Young steers trade at about 20/22 pesos per fresh kg, and a cow at about 6/7 pesos per fresh kg.
Good quality Buenos Aires wet salted heavy steers are also quoting upwards from last week, at about US$0.26 per kg.
January 14
Slaughter is slowing and producing less hides than during December.
There are bids for higher priced steers that are bringing the bids for light weight hides up. There haven’t been any price increases…
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...