U.S. Soybean Oil Exports Plunge on Week from Marketing-Year High
During the week ending December 7, U.S. soybean oil exports for 2023/24 were 300 tonnes (MT), down 77 percent...
Argentina
December 14
The market is unclear while regulations are not set in place yet by the newly elected government.
There was a 100 percent currency devaluation, but export withholdings increased.
Rawhide prices increased ten percent, but hides are cheaper in terms of the US dollar.
This week slaughter fell while many producers did not liquidate animals and several slaughterhouses reduced their slaughter between 20 and 40 percent.
There are less avail...