Please Note – The Jacobsen will not publish an Animal Fats bulletin on Friday, January 1st. We will close trading at noon CT on Thursday, December 31st, and publish shortly after.
Trading was very quiet today with no changes reported. The Missouri River ruminant MBM market is on pace to close at the highest December price since 2014. In December 2014, the market averaged $423 and 115 percent of the price of nearby soybean meal while this year the market is set to average near 72 percent of the price of nearby soybean meal. Soybean meal prices were up…
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...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...