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…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...