Tallow prices traded higher within and out of the Australian market. Cattle slaughter continues at relatively tight levels. The MLA estimated last week’s slaughter at just under 112,000 head, down 23 percent from year-ago levels. Demand from Singapore and China have combined to drive prices higher out for Australian tallow and are adding risk for higher prices out of the New Zealand market. Production is expected to trend higher as spring takes hold in the Southern hemisphere and production picks up in October and November. Still, numbers will continue to run well behind 2018 – 2019 levels due to the restocking underway.
North American export prices remain flat, but interest is strong out of…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...