Conference, Plunge in Soybean Oil Prices Limit Trading

Conference, Plunge in Soybean Oil Prices Limit Trading

Market activity was dull again on Tuesday, with few price indications and or deals reported. Many sources were attending the Jacobsen Biofuels and Feedstock Conference in Chicago.

In addition to this, benchmark soybean oil futures crumbled again, which left many participants willinging sitting on the sidelines. On the CME, the most widely traded soybean oil futures contract (July) ended the session below 48 cents per pound at 47.45 cents per pound, down a whopping 224 basis points per pound, or 4.5 percent.

Distiller’s corn oil (DCO) traded early in the day at…

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03.28.2024

LCFS credit volumes, average prices move higher

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**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


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Diverging FOB and delivered markets to close out March

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Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

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March monthly averages mixed for animal proteins

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** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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