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.
As expected, ethanol production fell last week with the holiday-shortened week. The EIA reported ethanol production at an average of 934,000 barrels per day, and The Jacobsen estimates distillers corn oil production at an average of 8.87 million pounds per day. Production is down 13.8 percent compared to the year prior levels and down 12.9 percent compared to the prior three-year average. The market was mostly quiet today with only a handful of yellow grease trucks reported at steady prices out of the Illinois market.
There are continued indications of significant demand and limited supply to start the new year. Used cooking oil, which is very tight has buyers bidding higher numbers to try and ensure material through…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...