US animal fats and oil prices stable day on day; cattle slaughter forecast higher

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US animal fats and oil prices stable day on day; cattle slaughter forecast higher

The US animal fats and oils markets started the week quiet on Monday August 26, with limited trading reported throughout the day.

Sources indicate that the fat markets are maintaining a “softer tone,” with concerns over product quality continuing to weigh on prices.

In related markets, the September soybean oil futures contract continued its recovery on Monday, closing up 23 basis points from the settlement on Friday August 23, at 41.70 cents per pound.

In other news, Fastmarkets’ res...

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US animal fats and oils end the week stable to lower amid muted trade activity

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Sausage casings bulletin, August 23, 2024

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Soybean futures capture double-digit gains ahead of weekend

Soybean futures capture double-digit gains ahead of weekend

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