The beginning of 2024 has been somewhat quiet with not a lot of activity reported to start the new year. Some of the higher acid fats were reported lower out of the Australian market, and tallow indications were lower out of New Zealand this week. Most sources indicted strong demand for the first and second quarters from the renewable sector, but limited trading over the last couple of weeks due to downtime at meat processors in both Australia and New Zealand.
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05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...