The Jacobsen would like to wish everyone a Happy Memorial Day! The company will be closed on Monday, and we will resume our pricing and analysis Tuesday May 25.
Organic consumers and producers will find out whether just in time inventory will work during the balance of the 2019/2020 season. While the fundamental backdrop point to rising organic soybean meal prices, the technical picture is even brighter. Technical analysis is the study of past price movements. Several indicators can be used (even on opaque prices like organic soybean meal), to help predict the future movements of organic soybean meal prices.
The influx of imported organic soybean meal into the US put downward pressure on prices from the beginning of 2019 to 2020. Over the past 2-years the United States switched from mostly importing organic soybeans to importing organic soybeans and organic soybean meal at 50-50 rate. Initially there was a robust disparity between imported…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...