Trading out of the Australian market was steady this week with no changes reported. Cattle slaughter was lower, down 7 percent compared to the week prior and 12 percent relative to last year. Cattle slaughter in New Zealand is expected to pick up as lockdown restrictions have eased. The anticipation of increased supply and slower demand from Singapore and China has pressured prices lower.
The domestic US market is splitting into two separate sectors, tallow and everything else. Strong demand from the chemical industry and soap producers is keeping the market well supported. Technical tallow last traded at $942.50 MT Chicago and BFT is trading at $772 MT Chicago. Feed fats, i.e. yellow grease, choice white and poultry fat, are seeing pressure from increasing production meeting lower demand. High prices and uncertainty about access to processing pushed livestock feeders to lower fat inclusion in their diets. Slaughter has increased this…
02.28.2025
Chinese plant begins producing SAF, RD for export to Europe
China-based Jiaao Enprotech began production at its sustainable aviation fuel (SAF) and renewable diesel plant in Lianyungang in Jiangsu province in December, the company told Fastmarkets on Wednesday February...
02.28.2025
CWG bucks the trend in an otherwise sluggish week for fats and oils
After a sluggish week of trading, activity in the US animal fats and oils markets increased at the end of the month, with prices averaging mostly steady to slightly...
02.28.2025
Bloodmeal prices surge through February
Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...