March 25
Weekly slaughter remains unchanged. With Memorial Day during the week, production will be four days.
The hide market continues to be very firm. There is very little supply of wet salted hides and the cattle supply is not abundant.
Good quality Buenos Aires wet salted steers prices continue moving upwards from last week, now at about US$0.65 per kg.
Demand continues unchanged-low for footwear, very firm automobile.
March 18
Slaughter remains unwavering from last week.
Good quality Buenos Aires wet salted steers remain quoting upwards from last week, now at about US$0.55~0.60 per kg.
Demand continues unchanged.
The USDA projects a fall of 6% in Argentine beef exports for this year.
In a recently published report, the USDA forecasted shipments for 850…
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...