June 10
The government ban of beef exports has completed the 30-day probation. However, the intention to lower prices did not occur when, in fact, the prices increased. Additionally, the annual Hilton quota is under permit by Europe. If traders don’t comply, they run the risk of not receiving the report in the following year.
Slaughter is working at a normal rate this week due to the recovery from the livestock strike, but the expectation of next week is uncertain. There are frigorificos that are not working because their inventory were so high due to the export ban.
Rawhide prices have repeated for the fourth consecutive week, but some can get lower.
Green fresh hides continue quoting at about Arg.pesos 70/72 per kg.
Good quality Buenos Aires wet salted steer prices are also quoting stable at about…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
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BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...