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Blog

Argentine Hides Up on Strong Demand

Alexandra Watts | 09.28.2023

Argentina

September 28

Argentina exported 93,000 TEC of beef in August, which is 1,000 TEC below the previous month but 11,000 TEC above the year-ago period.
August was the fifth highest month ever on record and the third highest of the last four years.
Export pressure continues, pushing good quality Buenos Aires wet salted heavy steer prices upwards to about US$0.61 per kg.
Demand for semi and finished leather remains unchanged.

Septembe...

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U.S. Soybean Oil Exports Slump on Week

U.S. soybean oil exports for the 2022/23 marketing year were down eight percent on the week and 30 percent...

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International Animal Proteins 28.09.2023

The protein market was mostly flat this week with only modest range adjustments. Prices were higher into Indonesia and...

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Organic Turkey Slaughter Holding Steady

The U.S. Federal Reserve stopped short of another rate hike last week,...

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SAFER Banking Clears Senate Committee

Last week we reported on the revised cannabis banking bill, the SAFER...

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Steepest Drop in 50 Weeks for LCFS Spot Price

Weekly LCFS credit volume began its cyclical trend higher last week, while the average price paid per credit moved...

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Chicago Packer BFT Falls, YG, CWG Continue to Tumble

Three cars of packer BFT traded down to 67 cts/lb Chicago today and choice white grease traded down to...

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Flat Call on Limited Trade for Animal Proteins

Most participants reported the market as quiet. Those that did report trade values were stagnant for the day.

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DDGS Weekly Production Rebounds From 4-Month Low

CME grain prices were mixed today. December wheat decreased $0.095, closing at $5.79/bu, and October soymeal dropped by $3.90...

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Blog

Argentine Hides Up on Strong Demand

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