The Jacobsen would like to wish everyone a Happy Memorial Day!  The company will be closed on Monday, and we will resume our pricing and analysis Tuesday May 25. 

Organic consumers and producers will find out whether just in time inventory will work during the balance of the 2019/2020 season. While the fundamental backdrop point to rising organic soybean meal prices, the technical picture is even brighter. Technical analysis is the study of past price movements. Several indicators can be used (even on opaque prices like organic soybean meal), to help predict the future movements of organic soybean meal prices.

The influx of imported organic soybean meal into the US put downward pressure on prices from the beginning of 2019 to 2020. Over the past 2-years the United States switched from mostly importing organic soybeans to importing organic soybeans and organic soybean meal at 50-50 rate. Initially there was a robust disparity between imported…