Animal Fats – International

Prices out of New Zealand were up NZ$10 compared to last week, while Australian values are unchanged. The Aussie domestic markets are quiet while November markets are being hashed out. Sources in both countries commented that demand remains very strong from Singapore. Given the boost in palm this month and incentives to produce renewable fuels for the US market, prices should see a boost in November. Cattle slaughter has picked up significantly in…