Export prices were flat out of the Australian market this week. Domestic trading was quiet ahead of the November tender period. The AUS dollar has fallen 2.4% over the last two weeks relative to the US dollar, which has pushed tallow values for export up in terms of the AUD and may push interior values higher. Heavy rains in much of the Eastern States have limited cattle slaughter and in turn, have kept supply fairly snug.
Currency devaluation…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...