Animal Fats – International

A healthy amount of rain across the Eastern States and concerns about getting beef out of Australia have dramatically slowed cattle slaughter over the last few weeks. The MLA reported Eastern States production at 59,133 head, the lowest non-holiday weekly total in several years. A number of plants across Australia have slowed to three-day processing weeks and some lamb processors have shuttered plants outright. Young cattle prices are skyrocketing as…