Trading into both China and Indonesia was quiet this week. Sources reported interest from China, but at lower prices. With Ramadan in full swing, buyers are out of pocket. Sources have suggested that prices still have some room on the downside when trading resumes.
Trading out of the Australian market was also quiet this week. There are suggestions that the market has some further corrections to the downside given the weaker export market. NZ…
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...