**Please note**Beginning Friday May 22nd and on Fridays through Friday, September 4th, The Jacobsen will begin publishing the Animal Fats Price Guide at noon CT with trading closing at 11:30 CT**
Trading was mostly quiet today with no changes reported. Spot availability remains limited on tallow. There were reports of higher offers out for the June/July window on a cash basis, but buyers were content to wait the market out.
Nearby feed demand has been diminished and there is risk for lower prices on the yellow grease and choice white in the near term. Choice white remains tight, hog kills ended the week at 1.545 million head, down 35 percent compared to year ago levels. An overall boost in rendered animal fat from whole hog processing could add enough slack in the feed fat market, that has cut fat inclusions, to push feed fat prices down. Biodiesel demand remains weak at…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.