Please Note – The Jacobsen will not publish an International Animal Fats Bulletin next week due to the Thanksgiving holiday. We will resume our regular publication schedule for the International Bulletins on 3 December.
Tallow prices out of Australia are unchanged this week, balanced between tight supplies and pressure for lower prices from buyers. Palm oil prices and lower production numbers support higher fat prices, but pressure from the buy side in China has kept the market anchored in place. Sales out of the New Zealand market were lower, pressured by the Chinese market, and, in turn, lower bids out of the renewable sector.
European UCO prices are lower as cheaper material coming in from Asia has pressured the interior price. Values are trading at a sub €700 level in some areas. Animal fat prices are steady to higher on higher palm and vegetable…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...