Beef production in Australia was above 140,000 head last week, driven by strong retail demand for beef. The higher slaughter is keeping the market well supplied with material for the nearby window. Tallow export prices are off US$15 from last week. New Zealand prices moved higher with production there off an estimated 30 – 50 percent. Historically, production would be steady to slightly lower heading into the winter season before downtimes kicked in.
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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...
01.23.2025
Brazil’s tallow export prices climb, domestic bid-offer gap widens
Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...