Animal Fats – International

Australian fat prices are off again this week, sharply out of both the domestic and export markets. Sales of pure beef were reported at A$650 in good volume and sources have reported that the low prices are opening long closed avenues into the markets that have been quiet for some time. Pakistan and Africa have both mentioned the most often as destinations for tallow. Approximately 4 KT of tallow is destined for the US out of the Australian market, which…