Fat Market Ends Year on Quiet Note

Fat Market Ends Year on Quiet Note

Please Note – The Jacobsen will not publish an Animal Fats bulletin on Friday, January 1st. We will resume our normal publication schedule on Monday, January 4th. We wish all of our readers a safe, healthy and prosperous New Year.

Trading was very quiet to close out the month and what will undoubtably be a historic year.

Distillers corn oil prices plummeted late in the second quarter, despite a huge contraction in the supply. Veg oils were readily available as sellers struggled to move volumes that had previously been marked for use in the restaurant industry, which was shuttered by COVID shutdowns. Plant production interruptions on the beef, pork and poultry sides sent prices skyrocketing,…

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11.18.2024

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

EIA reduces US biomass-based diesel consumption forecast for 2024, 2025

The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...

11.18.2024

UCO prices rise to start week; December cattle slaughter expected to decline

UCO prices rise to start week; December cattle slaughter expected to decline

Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...

11.18.2024

Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand

Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand

US animal proteins were steady to higher on Monday November 18.

Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...

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