09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
*Please note,
As a result of changes in trading patterns, Fastmarkets The Jacobsen is proposing to change the price assessment methodology and pricing for the North American and European sausage casings price.
Currently the price assessments are based on hog runners FOB North American packing plants and European packing plants on a rolling four week average for two separate prices.
However, a reduction of trading in the current market year suggests it would be appropriate to consolidate the price to one, global price that is a rolling four-week average of European and North American runner prices.
Fastmarkets The Jacobsen would therefore propose to put the changes into effect on Sep 15th, 2023 after a period of consultation with the industry.
To…