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.
As expected, ethanol production fell last week with the holiday-shortened week. The EIA reported ethanol production at an average of 934,000 barrels per day, and The Jacobsen estimates distillers corn oil production at an average of 8.87 million pounds per day. Production is down 13.8 percent compared to the year prior levels and down 12.9 percent compared to the prior three-year average. The market was mostly quiet today with only a handful of yellow grease trucks reported at steady prices out of the Illinois market.
There are continued indications of significant demand and limited supply to start the new year. Used cooking oil, which is very tight has buyers bidding higher numbers to try and ensure material through…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...