Tight Supplies Lead Higher Tallow & UCO Prices

Tight Supplies Lead Higher Tallow & UCO Prices

Please Note – The Jacobsen will not publish an International Animal Fats Bulletin on Thursday 24 December. We will publish a price guide only version on 31 December before returning to our normal publication schedule on 7 January 2021.

Tallow prices are up US$10 from last week for export out of the Australian market. Favorable pricing to palm and limited supplies are helping to push the market higher. Cattle slaughter was estimated at 112,229 by the MLA for last week, down 32 percent from year prior levels. Production is expected to grind to a halt over the next few weeks and favorable pasturing weather may slow the return to the abattoirs in January. Sellers moving product out of New Zealand are seeing strong demand from China. The Chinese demand combined with tight supplies has also helped to push prices higher out of the NZ market.

Used cooking oil prices are trading sharply higher into the UK and EU. Container shortages…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

Latest Tweets