Holiday Scheduling
Please note The Jacobsen will be closed on Friday, July 3rd in observance of the Independence Day holiday. Trading will close at 12 noon CT on Thursday, July 2nd with publication shortly after.
Poultry fat prices into the Carolinas market moved lower today. The increased animal fat production across all markets is adding negative price pressure, especially on the higher ffa fats. Comparing last week to the week ending May 2nd, cattle slaughter is up an average of 55 percent and hog slaughter up 71 percent. Broiler slaughter has increased 11 percent since the week ending May 30th. Examining the upswing in fat production using the same dates, there’s roughly 44 million additional pounds of tallow, 10 million pounds of white grease and 5 million pounds of poultry fat in the market last week relative to early May, and…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...