# Animal Fats Prices Steady to Close Out the Week - The Jacobsen

> Animal fat prices held steady in the final week of August 2020 with no trades reported, though some bleachable fancy tallow was offered higher. Seasonal weakness typically lowers September and October tallow prices, while renewable fuel demand and possible Brazilian buying are supporting the market.

- Date: 2020-08-28 · published 2020-08-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51730-animal-fats-prices-steady-to-close-out-the-week-the-jacobsen
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tallow is a fat ingredient in feed and biodiesel, so firm renewable fuel demand could support fat prices. Seasonal softness argues against a sustained rally into autumn.

## Read by commodity

- SBO: neutral

## Sources

- thejacobsen.com: https://thejacobsen.com/2020/08/28/animal-fat-prices-steady-to-close-out-the-week/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.