US Gulf tallow trades lower on Monday; other markets quiet

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US Gulf tallow trades lower on Monday; other markets quiet

Alexandra Watts | 08.19.2024

The US animal fats and oils markets began the week of Monday August 19 with moderate trading, particularly in the Gulf Coast region.

Tallow delivered into the Gulf was assessed down by 1.50 cents per lb on the day at 44.5 cents per lb, based on trades reported at that price. Bleachable fancy tallow (BFT) in the Gulf market was also heard traded at 44.5 cents per lb for September and October shipment.

Tallow trading on a Chicago basis was quiet on Monday.

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