Fat prices in the Australian and New Zealand markets are lower this week despite tight production. Slaughter in Australia was up 3 percent compared to the week prior, but down 13 percent compared to year ago levels. Wide spreads to palm oil and quiet demand from the renewables sector have pushed prices lower. The prior three year average premium of palm stearin to 4% ffa tallow export FOB from Australia is $66, at present that market is a $20 discount to BFT.
Figure 1.
North American exports have been quiet this week. There are a number of beef, pork and poultry plants that have been idled or slowed in an effort…
01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...