Fat prices in the Australian and New Zealand markets are lower this week despite tight production. Slaughter in Australia was up 3 percent compared to the week prior, but down 13 percent compared to year ago levels. Wide spreads to palm oil and quiet demand from the renewables sector have pushed prices lower. The prior three year average premium of palm stearin to 4% ffa tallow export FOB from Australia is $66, at present that market is a $20 discount to BFT.
Figure 1.
North American exports have been quiet this week. There are a number of beef, pork and poultry plants that have been idled or slowed in an effort…
01.03.2025
Imports of biodiesel, renewable diesel continued to slow during October
US Energy Information Administration (EIA) data released on Tuesday December 31 showed biodiesel and renewable diesel (RD) import volumes declined during October 2024. Biodiesel imports had fallen during five...
01.03.2025
Renderer BFT prices climb; CWG closes week lower
The US animal fats and oils markets closed the week largely stable on Friday January 3, with the exception of the choice white grease (CWG) and tallow markets.
01.03.2025
US meat meal production in November down year on year: USDA
US animal proteins prices on Friday January 3 were steady day on day.
November animal by-product production, stocks
In November, US production of feathermeal (FM) increased month on...