Cattle slaughter in the Australian market continues to trend lower with seasonal shutdowns and a spike in COVID-19 cases in Victoria. Prices are unchanged this week, but there is risk for higher prices in the near term as continued, production slowdowns tighten up the tallow supply. Trading out of the New Zealand market was also unchanged.
EU fats were mostly unchanged this week, with the exception of UCO into Rotterdam. Offers are out at higher numbers ex-China, but thus far buyers have been unwilling to cross the spread to secure material. Estimates peg Chinese UCO collections at 70 percent capacity, while EU capacity is around 60 percent.
There has been a lot of down pressure in the US domestic fat market this week. Heavy production on poultry, cattle and…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...