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The National Renderers Association filed comments with the USTR citing a record 1.45 million metric tons of rendered animal products in 2025, valued at $1.17 billion. It urged the USTR to target trade barriers on rendered products in Indonesia, China, Vietnam and Mexico.
Removing barriers in Indonesia and China could open significant export demand for meat and bone meal, feather meal and tallow, supporting renderer prices, but the filing is a request with no immediate policy change.
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.