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…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...