Brazil’s tallow export prices up slightly, local demand weakens
Brazilian tallow prices for exports, max 15% free fatty acids (FFA), FOB Santos, were assessed to have gone up...
US animal protein prices were steady to lower on Thursday December 5, with price adjustments only indicated for ruminant meat and bonemeal (MBM). Price pressure was communicated from market sources for porcine MBM, but trade prices were rangebound for the day.
Ruminant MBM prices were conveyed as softer from multiple market sources for the week to Thursday due to a combination of increased US soybean crush, heightening soybean meal stocks and expectations of a substantial soybean harvest in Brazil, which has continued to...