Hides, New South Wales ox, AVG, conventional, 37-39kg, exworks New South Wales, US cents/kg

The consultation, which was originally open until February 6, sought to address growing market interest in these prices, to give more visibility into the price formation process and to more closely align these assessments with observed trading patterns. Specifically, Fastmarkets is seeking further feedback on: Extended consultation periodThe extended consultation period for these proposed changes starts […]

In 2025, the pet food and animal feed industries faced unprecedented volatility driven by geopolitical tensions, policy shifts, and erratic commodity prices, prompting procurement leaders to adopt data-driven, proactive strategies like hedging and dynamic risk management to ensure cost predictability and supply security.

An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]