05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
**Please note**The Jacobsen will close trading at 12 CT tomorrow and publish the Animal Proteins Bulletin shortly after close. The noon close will be in effect through September 4th**
Ruminant bloodmeal moved lower out of the Missouri River today with trading done as low as $520. Production continues to increase while demand remains tepid. At current prices, for not only bloodmeal, but meat and bone meal, feathermeal and poultry meal, buyers should start to up inclusions for their July formulations. Over the last five years, July ruminant bloodmeal out of the Mo. River market has increased in price relative to June 60 percent of the time, up from the 20…