International Animal Fats and Oils 15.02.24

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International Animal Fats and Oils 15.02.24

Alexandra Watts | 02.15.2024

Used cooking oil (UCO) prices were relatively stable this week, with CIF Amsterdam, Rotterdam, Antwerp (ARA) levels reported at $915-930/mt on the selling side, against buying interest at around $900/mt Offers at the origin were heard in a range of $800-850/mt FOB China, depending on quality and volume.

Trade sources reported tight spot delivery supply for local European UCO, while buyers were targeting around €940/mt DDP North-West Europe. More volumes were offered for March-April delivery in the range of €97...

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Soybean Meal Export Sales Drop Below Expectations

Soybean Meal Export Sales Drop Below Expectations

CME grain pricing had a negative trend today. March corn decreased $0.065, falling to $4.17/bu. March wheat fell $0.185,...

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Hide Shipments Fall Short of Slaughter For Seventh Consecutive Week

Hide Shipments Fall Short of Slaughter For Seventh Consecutive Week

Several hide buyers in various sectors of the leather market, particularly automotive and footwear, remain relatively inactive due to...

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Global Holidays Slow Hide Trading

Global Holidays Slow Hide Trading

Argentina

February 15

In January, slaughter totaled 1.16 million head, 7% up from December and 3% down...

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January U.S. Soybean Crush Steps Back from Record High

January U.S. Soybean Crush Steps Back from Record High

**Please note, The Jacobsen will not publish a bulletin on Monday, February 19 in observance of Presidents' Day.**

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International Animal Proteins 15.02.2024

International Animal Proteins 15.02.2024

Most values on the international protein market were rangebound due to holiday downtime, including the Chinese New Year and...

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Canadian Organic Leaders Seek Parity with U.S.

Canadian Organic Leaders Seek Parity with U.S.

Canadian organic stakeholders are keen to adopt policy similar to that of...

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Chicago Trading Pushes Fat Market Higher

Chicago Trading Pushes Fat Market Higher

The Chicago market was active today with renderer and packer bleachable fancy tallow (BFT) both trading higher along with...

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Diminished Trade Keeps Values Steady

Diminished Trade Keeps Values Steady

Light trade was again indicated at mid-week. Trades reported for the day were within the previously set ranges. 

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