Organic soybean meal prices are moving higher, which is gaining the attention of organic grain merchandisers. Prices had been creeping up during the tail end of December, and news last week that India would increase sales of soybean meal to Iran by 450K Tons by the fiscal year end which is March, led to an additional jump in prices. Merchandisers have reported that there are still domestic organic soybeans in the ground and recent harvest was less than stellar.
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04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...