Friday Publication Hours In Effect & Holiday Close
The Jacobsen will close trade at 12 pm CT tomorrow and publish the Animal Fats Bulletin shortly after. We will resume our Sep – May Friday trading hours next week with Friday’s close on September 11th moving up to 3 pm CT.
The Jacobsen offices will be closed on Monday, September 7th in observance of the Labor Day holiday.
Trading was very quiet today with no changes and spot volume trades reported. A number of buyers and sellers are already out of the office ahead of the long, holiday weekend. Choice white grease is closing out the market at an average price of 25 cents FOB Missouri River, up 19 percent from four weeks ago. The market is likely to see price support in the near term as the Monday holiday tightens nearby supply and both buyers and sellers have booked out ahead in an effort to ensure coverage. Increased production in the second half of the month adds…
11.14.2024
Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB
Renewable identification number (RIN) credit prices fell sharply on Wednesday November 13 due to speculation that the Environmental Protection Agency (EPA) sent a volume adjustment notice to the US...
11.14.2024
DCO prices move lower as production levels hit record highs
Distiller’s corn oil (DCO) traded lower on Thursday November 14, in Manly, Iowa, and out of the FOB Wisconsin/Illinois regions amid declining prices in soybean oil futures.
Offers for DCO...
11.14.2024
Prices for US animal proteins steady; September dog and cat food exports down
Most prices for US animal proteins were steady on Thursday November 14, with light volume reported to Fastmarkets from market sources. Feathermeal price ranges narrowed higher in several regions...