Animal Fats – International

Tallow prices were down US$5 for export and down AUS$10 for domestic trading over the last week. Cattle kills have tightened up due to the holiday, but production will ramp up over the next six weeks before the winter slow down. In addition to the anticipated heavier supply, Neste’s Q4 shutdown in Singapore is already sending bearish ripples through the Australian market. Tallow sellers have historically committed as much as 80% of production in the…