Trading out of the New Zealand market moved NZ$10 lower for the 1 and 2 acid material and down NZ$30 for 4 and 10 acid material. High temps and some shipping delays have pushed ffas higher and shifter the balance of supply towards the higher acid material, hence the more precipitous drop.
Australian values were unchanged, both for domestic and export trading. Sources have indicated that Singapore is tire kicking for material, which should have…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...