Consistent Slump on Soybean Meal Creates Undertones of Pressure

Consistent Slump on Soybean Meal Creates Undertones of Pressure

** Please note, The Jacobsen will not publish an Animal Proteins bulletin on Monday, June 19th**

Mixed values were noted on porcine meat and bonemeal for the day with some stating diminished interest while others continued to indicate active to brisk demand. The have-have-not tone has created wider ranges on the porcine meat and bonemeal, Eastern IA/ILL region with a new range of $450-540/st. Higher values were reported in Indiana on porcine bloodmeal, with values as high as $1375/st reported in light volume. Other items were steady for the day. 

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01.13.2025

Glycerin prices unchanged; buyers, sellers cautious about market trend

Glycerin prices unchanged; buyers, sellers cautious about market trend

80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...

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Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

The US animal fats and oils markets began the week on a quieter note on Monday January 13, as

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 released last on Friday January 10.

Although...

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Weekly hog slaughter forecast at 2.57 million into February

Weekly hog slaughter forecast at 2.57 million into February

US animal protein prices were steady day on day on Monday January 13.

Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...

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