Strong multi-sector demand boosts animal fat prices
*Please note - Fastmarkets/The Jacobsen will close trade on Fridays at noon US Central Time for animal fats, with...
The Jacobsen B100 index rose in the week ending Thursday May 23 amid uncertainty in the US biodiesel market due to a combination of factors, including reduced soybean crush volumes in April, higher-than-expected fuel consumption in 2023 and the effect that Small Refinery Exemptions (SREs) will end up having on the market. Volatility is likely to remain in the near term, especially during an election year.
Soybean oil futures sink on weak domestic sales