Fat index, fob US, US Cents/lb

Fastmarkets has corrected its assessment for AG-TLW-0001 Bleachable Fancy Tallow - Packer Chicago (cts/lb) published on February 27.

The Ukrainian shipping market is concerned about a potential reshuffling of tonnage following Russia’s policy banning vessels that have previously called at European or Ukrainian ports. Market data from International Seaborne Market (ISM), however, so far paints a less pessimistic picture, Fastmarkets learned.

Wheat futures pushed higher across major exchanges on Friday February 20, supported by firm sentiment in the Black Sea and steady export premiums in key origins.