04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
**Please Note** The Jacobsen will not publish an Animal Proteins Bulletin next Thursday & Friday, November 27th and 28th, in observance of the Thanksgiving holiday. Trade will close at noon CT on Wednesday with publication shortly after.**
**Ryan Standard will be out of the office this week. Please contact Chloe Krimmel at 732-642-6302 or [email protected] with any questions or trading.
Several contacts in both the ruminant and porcine meat and bonemeal sector commented on continued pressure in the market, even with increased pricing witnessed for soybean meal. For porcine meat and bonemeal low of $125/ST was witnessed on the Mo. River while a low of $160/ST on Eastern Iowa and Illinois was reported, both on logistical concerns and customer downtimes for this weekend. Contacts on ruminant meat and bonemeal reported a flat call with undertones of weakness. Persistent and growing logistical…