Animal Proteins

Animal Proteins

Meat and bone meal prices were steady this afternoon with supply and demand appearing to be well balanced at the moment. Supply is expected to continue to trend higher in the near term with a bigger harvest forecast for cattle, hogs and broilers. The additional supply and weakness in the soybean meal market add risk for lower prices in the near term. At present, the porcine MBM market has a premium of $55 to the ruminant market FOB Missouri River. The prior three-year average for July is $41.29 and $33.49 for August. With porcine material increasing in supply, the ruminant market may pull prices lower in the near term. The one piece of data that is supportive…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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