The Jacobsen intelligence continues to hear that “there is a lot of organic corn out there”. At the same time, few believe that Q3 prices will dip below $9. So, the question is whether we have reached equilibrium? While there are reports that more organic crack corn has come in during February, the volume is down relative to 2018.
Demand remains robust. The Jacobsen estimates that year over year broiler demand will increase…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...