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…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...