International Animal Fats and Oils 15.02.24
Used cooking oil (UCO) prices were relatively stable this week, with CIF Amsterdam, Rotterdam, Antwerp (ARA) levels reported at $915-930/mt...
** Please note, The Jacobsen will not publish a bulletin on Monday, February 19 in observance of Presidents' Day. **
Large volumes of bloodmeal, Mo. River, were offered at $1000/st on both the ruminant and porcine variants. This low value depressed offering values, along with multiple accounts of reformulations on animal feed eliminating bloodmeal, led to a substantial drop. Trades at the higher end of the range were communicated as reduced; dropping and widening the range for Thursday on porcine bloodmeal...