The organic soybean complex is in danger of experiencing upside momentum. Organic soybean prices are elevated, but activity is light because there is not a lot of product available. Organic soybean imports in March were light as expected. April should be similar.
A question for traders is how quickly India will be able to rebound from port closures. The “shelter in place” order sent workers from other countries home until it was safe to return and work was available….
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...