Please Note – The Jacobsen will close trade for the Animal Proteins bulletin at noon CT on Fridays. The early close will remain in effect on Fridays through September 1st.
Light trade was witnessed on Friday with most participants working on next week’s trade.
For the month of May, animal proteins were mixed with unsettled undertones and indications as limited offerings. The largest month-on-month adjustment was on bloodmeal, both porcine and ruminant, moving up on active demand and accounts of limited offering levels. Porcine, Mo. River was higher by 13.5 percent, or $137.86/st, while ruminant was stronger by 19.9 percent, or $175.99/st. Pressure was witnessed at the last week of the month on a combination of the holiday weekend, a new month, and persistent CBOT volatility.
Limited trade volume was indicated for both chicken meal and poultry-by pet grade, as thin to non-existent spot offerings hampered price adjustments….
10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...