Australian and New Zealand fat prices were up over the last week with sources reporting improved demand from Singapore. Sources have also reported some tire kicking from China, but buyers were resistant to the higher levels seen this week. Palm oil continues to offer support with stearin trading out of the Malaysian market at US$700 + this week.
EU trading was off sharply for Cat 1 tallow and UCO. Cat 1 prices were reported in a wide range,…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...