Animal Fats – International

Trading moved lower out of the Australian market with continued strong production and no demand from Singapore. Sellers have lowered pricing in an effort to buy their way into the African, Pakistan and China. The drought continues to keep slaughter at higher-than-historical rates. Eastern states slaughter were estimated just shy of 143,000 for last week, 6% ahead of the same week last year. Female slaughter in Queensland and New South Wales continues to…