Meat and Bone Meal Prices Fall Sharply

Meat and Bone Meal Prices Fall Sharply

Porcine MBM prices moved sharply lower today. The increased production is meeting a market that has less of an appetite for MBM due to cheaper soybean meal and reformulations already in place of May. Cheaper prices have historically been the norm for May with values increasing relative to April at twice in the last ten years and not once in the last five. The average price move in May relative to April over the last five years is a drop of $10.94. June has historically brought higher prices to the market with prices higher relative to May in three of the last five years. The higher prices this year are likely to wash out an potential increases in June relative to the May average…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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