The Australian fat market continues to track palm prices lower with export values falling as much as US$22.50/MT compared to last week. Slaughter continues at a slow rate with last week’s estimates coming in 20% lower than last year at 112,529 head. The low numbers should fall even lower over the next two weeks with the Good Friday and Easter Monday holidays.
Trading out of the New Zealand market was steady this week. Sources reported waning…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...