Animal Fats – International

New Zealand tallow trading was higher, moving up NZ$5 from last week’s high. The NZ$ has slipped against the US$ by 1.5% since the start of July, which has helped nudge the top end of the range. Trading out of the Australian market was sideways this week with not a lot of action reported. Australian slaughter remains steady at a time when numbers should be declining. Dry weather through much of June has pushed more cattle into the abattoirs and in turn,…