Animal Fats – International
Domestic Australian values are unchanged with a typical mid-month lull keeping the market quiet. Export prices are unchanged, but the AUS$ has fallen about 3% since last week, which doesn’t necessarily affect the US$ price of exports but should make exports more attractive for sellers. Cattle kill continues at a very strong pace with just shy of 177,000 head processed last week. The cattle slaughter for 2015 YTD is 5% ahead of the same period 2015…
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