Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
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Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
Three rail cars of edible lard traded lower throughout the day at 46 cents per lb, Chicago basis. The decline in lard pricing aligns with the downward pressure observed in the neighboring choice white grease markets.
Elsewhere, in the delivered Gulf markets, both tallow and used cooking oil (UCO) traded higher on Monday ...
