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International Animal Fats 30.11.23

Alexandra Watts | 11.30.2023

Trading was quiet out of the Australian and New Zealand markets this week with no changes reported. Sellers continue to eye the US market and potential growth in renewable diesel demand for the first quarter of 2024, but thus far trade has been limited.

Australian weekly cattle slaughter was reported at 128,454 head, down 4 percent from last week, while the figure marked a 22 percent positive year-on-year change, according to the National Slaughter report from the MLA. Year...

Soybean, Corn, and Wheat Export Sales Exceed Projections

CME grain prices were mixed on Thursday. December wheat saw an increase of $0.1425, closing at $5.70/bu while January...

Automotive Tanners Active in Market This Week

Hide trading was active today for cow, butt branded steers (BBS) and branded steers. Some sellers reported strong demand...

South American Wet Blue Prices Flat to Close out November

Argentina

November 30

Slaughter continues unchanged.
Economic measures after the last presidential elections are not yet...

Soybean Oil Cash Markets Remain under Pressure

The cash market for soybean oil and other feedstocks remained sluggish on Thursday, as participants attempt to gauge upcoming...

International Animal Proteins 30.11.23

Trading was very quiet this week with no changes reported in the export or destination markets. Sources indicated that...

Organic Soybean Imports Decline in Q3/Q4

Organic soybeans continue to hold their value, but at the expense of...

Preem to Convert Lysekil Refinery to Produce SAF, Renewable Diesel

Preem, Sweden’s largest fuel company with a refining capacity of over 4.7 billion gallons of crude annually, announced plans...

DCO Production Declines for 2nd Week in a Row

*Please Note - Ryan Standard will be out of the office for the remainder of the week. He will...

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International Animal Fats 30.11.23

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