Please Note – The Jacobsen will close trade for the Animal Fats bulletin at noon CT on Fridays. The early close will remain in effect on Fridays through September 1st.

Trading was very dull with a few price changes this week following the extended Memorial Day holiday and the end of the month. Tallow was steady, while yellow and choice white grease prices were down amid another collapse in palm oil and soybean oil futures prices that sent the benchmark contracts spiraling to better-than-two-year lows earlier in the week. Still, renewed economic optimism following the passage of a bill by the U.S. House and Senate to suspend the U.S. debt ceiling until January 2025 helped veg oil futures rebound later in the week.

The biggest price change this week was in the Mo. River yellow grease market where values eased more than three percent on average. Mo. River choice white grease prices were down less…