Vegetable Oils & Animal Fat Prices Post Week on Week Drop
The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
The Jacobsen has been in the agricultural commodities pricing business for well over 150+ years. With that experience, we have a long history of practical knowledge and proprietary data to forecast pricing movements in the fats & oils space. Weekly, our team of Senior Analysts review our computer-generated pricing models, making experienced modifications based on real-world inputs.
Every forecast made by our team accompanied with an accuracy table so our customers can quantifiably measure our ability to hit the mark.
Our unique history of 150+ years in the Agriculture space has allowed us to amass data and experience that is unrivaled. Continually we survey the markets to gather additional insights on production and pricing so we can better inform our customers. All our data is feed into our augmented intelligence platform, Sage, where forecasting is created and measured for accuracy and refinement.
Unlike our competitors, The Jacobsen has no positions in the market, therefore our forecasts are an unbiased report of what the data tells us and what our analysts know of the markets.
Transparent & Iterative
We share our forecast history so you can see where we’ve been accurate and where we’ve missed the mark. Daily, we iterate our measurements based on our results, to continually refine our forecasting abilities.