Animal Fats – International

European prices were off for Cat 1 tallow this week. Values were reported around the 380€ mark, down significantly from the December highs of 450 – 460€. UCO values remain fairly steady with sources reporting numbers in the ex works 540 -560€ neighborhood. Imports of US product are likely to slow as well with the Euro continuing to slide against the US$ and talk of quantitative easing doing little to shore up the exchange rate. The US$ DDP…