Animal Fats – International

The top sides of the Australian export prices moved down US$10 from last week as pressure continues to mount from strong slaughter and a lack of interest from Singapore. New Zealand values are up both on improved demand from China, but from weaker NZD vs USD.  The USD has gained 3.1% on the NZD over the last month.

EU trading moved lower on mixed animal fat and was steady for the other products. Heavy hog kills are putting more fat into the…