Australian fat prices were flat for exports, but higher on domestic sales. A stronger US$ has pushed the AUS$ value higher, while keeping export values static. Trading out of the NZ market was unchanged. Given the stronger US$ and a lack of demand shown from both China and Singapore, it’s reasonable to expect prices in both the Australian and New Zealand markets to trend lower in the comings week. The seasonal push ahead of winter will give the renderers…
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...