Trading out of the Australian market was quiet this week, but price ideas were up by US$20 for export. Trading out of NZ was reported sharply lower. 4% BFT pricing is off by as much as NZ$65 compared to last week. Sources continue to report strong headwinds into the Singapore market and reliance on sales into China, the Asian sub-continent and Africa are yielding lower prices. At NZ$710, 4% BFT has a US$ value of $515/MT. Low prices tend to cure low…
01.23.2025
Chicago animal fats and oils market trades higher on strong demand, tight supply
Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...
01.23.2025
Winter weather impacts poultry production; December cattle, hog slaughter under prior year
Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.
The only product under negative price pressure...
01.23.2025
Brazil’s tallow export prices climb, domestic bid-offer gap widens
Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...