The Australian and New Zealand markets were steady this week with no changes reported. Market dynamics remain similar, increasing production on higher cattle slaughter and strong demand from the Asian and North American markets. The MLA estimated Australian national cattle slaughter at 107,850 head last week, up from the week prior and nearly 18,000 head over the year prior levels.
Trading out of the European market was relatively flat on Cat 3 products. Cat 1 was indicated at €700. Used cooking oil prices were lower into the ARA market and flat on a DDP Western Europe basis.
The U.S. market has been relatively quiet this week, but…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...