05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
October 7
Slaughter volumes improved, but demand fell due to market issues.
As expected, good quality Buenos Aires wet salted steers quote downwards, now at US$0.80 per kg this week.
The auto leather business remains limited due to lack production and use of leather in cars. There are chip, input and energy problems at production sites.
European customer demand increased, especially for light hides more than heavy hides.
The container crisis is still a disruption where it is difficult to get space on a ship. The cost of freight has doubled, and even tripled in some cases, depending on the destinations.
Globally, there is inflation due to higher costs. Additionally, costs in Argentina are expensive, business is unproductive, there are increasing taxes and…