Domestic tallow prices are up in Australia this week, boosted by a period of a weaker AUS$ versus the US$, although this week’s exchange rate has been fairly stable around $1.3450. A tightening cattle slaughter is also helping to reduce available supply and exporters continue to push for increases. The exporters continue to face obstacles by way of cheaper palm oil and palm derivatives. Sources have suggested that some of the international renewable fuel…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...