05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
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…