Please Note – The Jacobsen will not publish an Animal Fats bulletin on Friday, January 1st. We will resume our normal publication schedule on Monday, January 4th. We wish all of our readers a safe, healthy and prosperous New Year.
Trading was very quiet to close out the month and what will undoubtably be a historic year.
Distillers corn oil prices plummeted late in the second quarter, despite a huge contraction in the supply. Veg oils were readily available as sellers struggled to move volumes that had previously been marked for use in the restaurant industry, which was shuttered by COVID shutdowns. Plant production interruptions on the beef, pork and poultry sides sent prices skyrocketing,…
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