05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Trading into the Indonesia and China markets was sideways with last week’s report. There are reports that logistics are starting to resume into and out of China and with it demand. MBM values into Malaysia and Vietnam were sideways as well, US$470 CIF.
Protein prices out of and in the Australian market are unchanged. Production has slowed drastically with cattle slaughter falling to an estimated 59,133 head in the Eastern States. A number of…