Friday Trade Hours In Effect
The Jacobsen will close trading at 12 noon CT on Fridays through September 4th. The bulletins will be published shortly after close.
Ruminant and poultry bloodmeal traded lower today as continued, strong supply weighs on market prices. There is some anticipation of increased demand in July tied to improved milk prices through June. However, recent spikes in COVID cases in a number of states have added concern over restaurant demand and this may be contributing to a downturn in both milk and cheese futures pricing this week. Even with an increase in demand, price increases may be arrested by the…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...