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,...
Bovine MBM prices are higher into China and Indonesia this week. Sales as high as $395 CIF were reported for Indonesia with buyers paying up to ensure product arrives in the January window. China is in a similar situation with values traded as high as $490. Buyers are paying up to ensure that material arrives before the New Year holiday.
Australian MBM values are higher for 50 pro MBM. Local buyers are paying as much as AUS$600 delivered for…