12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
**Please Note – Ryan Standard will be out of the office from Friday, Nov 17 through Friday Dec 1. In his absence, please contact Chloe Krimmel at [email protected].**
**Please note, The Jacobsen will close at 1:00CT on Wednesday and will not publish a bulletin on Thursday and Friday in observance of the Thanksgiving holiday.**
Market tones on animal fats and oils were reported as quiet to start the shortened holiday week. DCO traded at 59-60 cts/lb Gulf del, which nets back to Manly, IA at 56-57 cts/lb. Mo. River and IN/OH traded at 54-55 cts/lb.
Over the weekend, a fire erupted and was brought under control at the Martinez Renewable Fuels plant in California, according to online reports from Contra Costa County Health. It was unclear if production at the facility was impacted by the blaze. A public health advisory was issued but lifted for Martinez, Pacheco, Concord and Clyde as a result of the fire.
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