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 – The Jacobsen will not publish an Animal Fats bulletin on Friday, January 1st. We will close trading at noon CT on Thursday, December 31st, and publish shortly after.
Trading was again quiet today, with several buyers and sellers out ahead of the long holiday weekend. A higher soybean oil market, which is more compass than a map, and strong end-user demand from a number of sectors to start 2021 are sending bullish signals for January. Distillers corn oil, choice white and yellow grease, technical and bleachable fancy tallow, and used cooking oil are likely to…