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Bones and fat from slaughtered animals are rendered into products for stock feed, pet food, soap and increasingly renewable fuels. Demand for these rendered products is rising globally.
Stronger demand for rendered fats and meals tightens supply for feed buyers and supports prices for tallow and meat and bone meal, while competing biofuel demand adds further pull.
Not enough comparable past events yet for a historical read.
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.