**Please note, The Jacobsen will close at 1:00 PM CT on Wednesday and will not publish a bulletin on Thursday and Friday in observance of the Thanksgiving holiday. A price update will be published on Friday without commentary.**
Although actual trading remained thin, corn oil, sunflower, and cottonseed oil price indications softened this week by anywhere from 1-3.5 cents. Tepid demand from both the biofuels and non-biofuel sectors for vegetable oils has been leaning on prices, which are down sharply on the year. Crude corn oil in the Midwest was assessed in a range in the mid-60 cents per pound. Refined corn oil in the region was pegged at about a 10-cent premium to crude corn oil.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
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US animal fats and oils end week softer across the board ahead of holiday slowdown
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The only significant price...