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.
Fifteen cars of packer bleachable fancy tallow (BFT-P) traded steady this afternoon and an additional four cars traded down a penny from yesterday’s Chicago offering. Another fifteen cars of renderer bleachable fancy tallow (BFT-R) were reported traded on a formula basis. With over six million pounds traded this afternoon it’s seems likely that the market has hit a bottom.
Trading outside of the tallow market was fairly steady today. Choice white trucks continue to trade in a steady range, sellers needing to move material quickly are taking material in the 18 – 18.75 cents range, big volume sales…
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...