European pricing on Cat 3 tallow is unchanged this week with no new trading reported. With higher palm prices over the last week, some are anticipating higher tallow values. Cat 1 tallow prices were reported around the 420€ ex works mark. UCO prices DDP were reported in a range of 610 – 630€ DDP, which would equate to a US$ equivalent of approximately $695 – 717.50.
Trading out of the New Zealand market was done at higher prices….
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...