Export values out of the Australian market are off by $10 to start May, as are local Australian prices (A$10). Sources described the market as a mix of tight supplies, but demand only at lower prices. Cattle slaughter was just shy of 110,000 head to close last week and kills are running 14% behind 2016 YTD.
Values out of New Zealand were lower with trading on 4% BFT reported in a wide range, NZ$780 – 830. A NZ$800 sale would translate into…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...