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European animal fat prices have risen more than 20% since March 2026, with category 3 bone fat above €1,100/t DDP in July. The cumulative 37.5% US tariff on Brazilian material, effective July 24, is expected to redirect trade toward European buyers, though market participants remain divided on the outlook.
Higher animal fat prices raise costs for fat-based feed inputs, and US tariffs on Brazilian product could shift export flows toward Europe, supporting European fat prices in H2 2026.
fastmarkets.comVeronika Prykhodko, Taís LaportaAug 13, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
