Higher organic soybean prices have generated interest from farmers and this has been reflected in new operations entering into the fray during the first 14-weeks of 2020. Since the end of 2019, approximately 580 new operations have notified the NOP that they were planning to farm soybeans at some point in the future. With prices in the mid-west above $20 per bushel, the future is likely the 2020/2021 harvest season.
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01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...