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…