Animal Fats – International

Prices in and out of Australia are unchanged from last week’s report. Buyers could try to push September tenders lower with Singapore absent from the market and kills unseasonably high. Kills should begin to slow, but drought is pushing more livestock through the abattoirs and keeping production strong.

New Zealand pricing moved NZ$30 lower on good production and lack of demand from Singapore. At NZ$700, the US equivalent is about US$470 FOB,…