12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
Please Note – The Jacobsen will close trading at noon CT on Wednesday, November 25th and publish the Animal Fats Bulletin shortly after. Our offices will be closed on Thursday and Friday for the Thanksgiving holiday.
Poultry fat prices were higher today driven by continued tight supplies and very strong demand through the south and southeastern markets. At 27 cents FOB AL/GA, poultry fat has a relative price to today’s corn market of 347 percent, which is 25 points over the prior three-year average for November. While well over the prior three-year…