ANIMAL FATS-INTERNATIONAL

The US and AUS/NZ animal fat markets are adjusting to each other and also to the vegetable oil markets.   US Bleachable Fancy Tallow prices retreated over the past 7 to 10 days with packer origin BFT trading at $507 PMT.  Non-packer origin BFT is offered at $528 PMT but not trading.   This has been a significant drop from the $617 PMT level that had traded in September for both kinds of BFT. …