05.20.2024
Strong feed demand boosts choice white grease market
Choice white grease (CWG) prices rose on Monday May 20, supported by the market expectation of tighter supply heading into the long holiday weekend in the US and on...
Fat prices moved higher in the ANZ markets for export and higher for local pricing in Australia. Production remains tight in New Zealand as seasonal slowdowns are in effect and slaughter has slowed markedly. Australian slaughter continues to hum along with 139,837 head reported by the MLA for the Eastern States. This is 4% below last week, but well above estimates for the same week last year. Female slaughter in NSW was up 28% compared to the same week…