Animal Fats

Animal Fats

Market Activity

The market was extremely quiet today with no activity reported.

Packer tallow moved up a ½ cent last week, pushing the weekly average 2/10th of a cent higher. Reports on S&D balance were mixed last week with one seller suggesting mid week that a $0.2950 sell was getting tough, while others commented that the market would head higher. Palm stearin prices sank lower again last week with a Friday-to-Friday drop of $20/MT FOB Malaysia and…

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05.06.2024

Strong biodiesel production seen weighing on crude glycerin prices

Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...

05.06.2024

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...

05.06.2024

Year-to-date commercial cattle production falls 2.30% y-o-y

Year-to-date commercial cattle production falls 2.30% y-o-y

US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.

US hog slaughter
Fastmarkets research...

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