Friday Publication Hours In Effect & Holiday Close
The Jacobsen will close trade at 12 pm CT tomorrow and publish the Animal Proteins Bulletin shortly after. We will resume our Sep – May Friday trading hours next week with Friday’s close on September 11th moving up to 3 pm CT.
The Jacobsen offices will be closed on Monday, September 7th in observance of the Labor Day holiday.
The protein market was very quiet this afternoon ahead of the long, holiday break. Market dynamics remain the same, holiday tightness has given the market a boost but supply increases post holiday in the porcine sector threaten the longevity of any rally.
Ruminant bloodmeal prices are up $25 ton compared to last week. Again, the holiday tightness has helped push values higher this week. Class III milk futures continue to trade at strong levels, the October contract closed slightly lower today at $18.96, but is up…
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Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
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Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
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Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...