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 $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Prices out of NZ are down this week on lower demand out of China and a softening palm oil market. Sources have reported while trading this week is down, offers for May and June are up due to the strong US$. The offers aren’t an increase in value, rather exporters looking to keep the price in terms of US$ even.
Figure 1.
The New Zealand dollar is shown against the US dollar for 2015 week to week.
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