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MLA revised the July Sheep Processor Trading Conditions index up to 1% from 0.4%, reflecting a 13% rise in co-product prices since June, including a 28% increase in offal and a 10% gain in tallow. The August index fell back to 0.4%, showing processor margins remain thin.
Higher offal and tallow values are supporting processor margins, but high livestock procurement costs keep the sector squeezed. Tallow strength supports fat-based feed ingredient prices.
farmonline.com.auMatt Dalgleish, Episode 3Oct 21, 2025Not 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.
