Global Markets Quiet on Limited Nearby Demand

Global Markets Quiet on Limited Nearby Demand

**Please note**The Jacobsen will not publish an International Animal Fats Bulletin next week due to the Thanksgiving holiday. We will resume our normal publication schedule for our international reports on Thursday, November 30th.**

The overall tone in the market was quiet this week with few changes reported. Tallow indications were wider out of the New Zealand market, but for the most part sources were calling the market unchanged. The same was true for Australia with no changes reported. Australian cattle slaughter was lower last week, down to 122,744 head in the National Slaughter report from the MLA. While the slaughter estimates are down 6.7 percent from the week prior, the harvest is up 23.3 percent from last year’s levels.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

09.19.2024

SAF roadmap, collaborations announced at Bali International Airshow

SAF roadmap, collaborations announced at Bali International Airshow

At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...

09.19.2024

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.

09.19.2024

Animal protein prices steady; August cattle, hog slaughter down

Animal protein prices steady; August cattle, hog slaughter down

US animal proteins were rangebound on Thursday September 19.

August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...

Latest Tweets