**Please note** At the request of our subscribers The Jacobsen will begin summer publication hours for the Animal Fats Bulletin next Friday, May 22nd. We will close trading at 12 CT on Friday and publish shortly after. Summer hours for Friday will be in effect through the Friday before Labor Day.**
Trading was fairly quiet to close out the week with most buyers and sellers covered until their next position. Buyers in the feed sector may also be detecting weakness on the softer grades and sitting on the sidelines. Yellow grease did trade today at $0.2000 FOB Missouri River. Nine trucks of CWG did trade steady out of the Indiana market at $0.2100.
BFT availability has increased this week with cars offered and unsold at steady prices before being absorbed on a formula-based purchase. Technical tallow remains in very good demand and supplies are tight at the moment. With the wide spread to soybean oil, buyer should be walking away from material if…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
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UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...