Tight Supplies Boost Poultry Fat Market

Tight Supplies Boost Poultry Fat Market

Poultry fat prices continue to climb on strong demand and tight supplies. The Mid South market traded as high as 51 cents FOB today. At an average of 50.5 cents FOB Mid South, the market has a relative price to corn of 424 percent. The prior three year average for June is 386 percent, which suggests there is risk in the market for lower prices. With that stated, supply remains tight and demand for fat across the entire animal fat complex remains robust. It’s…

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