03.07.2025
Sausage casings bulletin, March 7, 2025
Runner market commentary
Table 1
Table 2
...
Trading out of the Australian and New Zealand markets was quiet this week with no changes reported. There continue to be indications of lower priced material in smaller volume due to export backups over the last month. The MLA estimated national cattle slaughter for Australia at 121,713 head for last week, up by approximately 21,000 head from the same week last year.
European prices were higher this week, helped by surging gasoil prices. Nearby ICE futures are up 37 percent since 29 June, which has helped to boost fat prices. UCO prices were relatively stable as the EU market continues to struggle with lower priced imports. Export demand from the US continues as renewable diesel (HVO) production has outpaced domestic supply of low carbon/waste-based feedstocks.
…