Vegetable Fats & Oils

Vegetable Fats & Oils

**Please note, The Jacobsen will not publish an Animal Fats bulletin tomorrow in observance of the Good Friday holiday.**

 

Canola Prices Consolidate Rally Ahead of Long Holiday Weekend

Canola prices edged lower on Thursday following a solid bounce earlier in the week as traders repurchased short position in soybean oil ahead of the long holiday weekend.  Prices for the oilseeds had been rising since…

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01.17.2025

US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC

US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC

The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...

01.17.2025

Packer BFT ticks upward; most animal fats and oil markets close the week higher

Packer BFT ticks upward; most animal fats and oil markets close the week higher

Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.

Outside of this trade, the US animal...

01.17.2025

Limited trade keeps US animal protein prices flat week on week

Limited trade keeps US animal protein prices flat week on week

US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...

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