Tallow prices fell again out of the New Zealand market this week. The resumption of production has contributed to stronger supplies and the lower priced palm market has pressured prices lower as well. The New Zealand dollar has increased 6.6 percent over the last two weeks, which has also contributed to lower prices in terms of NZ$. Australian cattle slaughter was down 7 percent from the week prior and down 22 percent relative to last year. The largest cattle slaughter facility in the country, JBS Dinsmore, is down for two weeks and this has pulled back production. Prices are unchanged with little activity reported this week.
The domestic US market has come off $80/MT for edible tallow this week, falling to a price of…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...