Tallow prices are unchanged out of the Australian and New Zealand markets. Market dynamics are similar to the last few reports, tight supply and strong demand. Australian cattle slaughter was down 4 percent from the week prio, reported at 97,301 for last week by the MLA. Demand from the renewable sector, both in Asia and North America, remains strong as does interest from China. A lack of trading has kept prices in check, but the risk for price increases remains strong for the near term.
Trading on Edible and Cat 3 fat were higher this week, but there are reports that buyers are stepping back and taking a breath after the rapid run up in the market over the last two months. Used cooking oil (UCO) prices are higher again on big demand from the biofuels sector. Indications for material into ARA are as high as $1160 out of the US as well as China. Ex-works indications out of Northwestern European locations were €940 – 970. With UCOME prices €1250 – 1260, biodiesel…
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
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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...