Animal Fats – International

The Australian market was quiet with the February tenders underway. Strong production continues with slaughter continuing to run well above 2018 and 2017 levels. The MLA reported eastern state slaughter up 24% from last year’s levels at 139,155 head last week. The heavy slaughter now will come at the cost of numbers in the future with female rates up 40 – 50% relative to a year ago. With the breeding stock…