Animal Fats – International

Trading in the Australian market was sideways this week. Sellers are seeing renewed demand from Singapore for Dec arrival material and this looks to push prices higher in the near term. Slaughter slowed in Australia last week relative to the week prior, but totals remain well above 2017 levels. Female slaughter continues at plus double digit percentages in the Eastern states, which will eventually lead to a long-term constriction of supply in the…