The Jacobsen would like to wish everyone a Happy Memorial Day! The company will be closed on Monday, and we will resume our pricing and analysis Tuesday May 25.
Organic consumers and producers will find out whether just in time inventory will work during the balance of the 2019/2020 season. While the fundamental backdrop point to rising organic soybean meal prices, the technical picture is even brighter. Technical analysis is the study of past price movements. Several indicators can be used (even on opaque prices like organic soybean meal), to help predict the future movements of organic soybean meal prices.
The influx of imported organic soybean meal into the US put downward pressure on prices from the beginning of 2019 to 2020. Over the past 2-years the United States switched from mostly importing organic soybeans to importing organic soybeans and organic soybean meal at 50-50 rate. Initially there was a robust disparity between imported…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...