The Australian and Chinese markets were quiet in the week to Thursday January 16, with little changes reported.
Meat and Livestock Australia reported cattle slaughter at 108,547 head in the week to Friday January 10, up by 20,236 head year on year.
Total 2024 cattle slaughter in Australia was at 6.708 million head, up by 854,458 head, or 14.60%, from 2023 total slaughter and up by 31.18% compared with the three-year average.
Fastmarkets assessed the weekly price of meat and bonemeal, bovine, export, cfr Indonesia at $465-480 per tonne on Thursday, lower from $475-490 per tonne on January 9. Market sources have stated that lower prices into Indonesia have been attributed to the US domestic price reductions in the last quarter of 2024.
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01.23.2025
Chicago animal fats and oils market trades higher on strong demand, tight supply
Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...
01.23.2025
Winter weather impacts poultry production; December cattle, hog slaughter under prior year
Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.
The only product under negative price pressure...
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Brazil’s tallow export prices climb, domestic bid-offer gap widens
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