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Moe's Group, a California skincare manufacturer, said it has produced more than 5 million units of beef tallow products and will hold its tallow pricing steady despite higher raw material costs. It cites strong renewable diesel demand pushing rendered animal fat prices higher.
The story shows continued competition for tallow between fuel and non-fuel users, which keeps animal fat prices elevated. The company's own pricing decision has no broad market effect.
Not 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.