Animal Fats – International

Australian domestic values are up as product availability is starting to tighten.  Those looking to cover shorts have paid a premium, as much as AUS$800/MT for 4% BFT in the local market. The bulk of local BFT trading for August was reported in the AUS$740 – 760 range. The premium grades,  i.e. 1 and 2%, did trade up AUS$40. The Aussie national slaughter was off just shy of 2.5% from the week prior, but kills are down 6% compared to the same…