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 over the domestic market.
The price for Brazilian tallow max 15% FFA, FOB Santos was assessed at $1,020-1,040 per tonne on Thursday.
A deal on a CIF Santos basis — which can be regarded as exporters’ origination costs — was reported at 6.20 Reais ($1.03) per kg with no taxes. This equates to about $1,070 per tonne on an FOB export basis. The deal involved a minimum volume of 10,000 tonnes.
“Buyers looking to purchase tallow in the domestic market at prices below export levels can’t find it, as exports have pressured up the market,” a tallow producer told Fastmarkets.
Higher demand for Brazilian tallow followed the latest guidance on the Clean Fuel Production Credit (CPFC), also known as 45Z, announced by the US government a week earlier.
…
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...