Organic soybean prices remain elevated and the lack of organic soybean meal that has recently been imported into the US has put upward pressure on prices. Organic soybean meal is hovering near $800 per short ton in PA and slightly lower in the mid-west. In addition to the accelerating number of COVID cases, there could be additional pressure on Indian Imports of the US starts to use rhetoric that is similar to China.
On Tuesday, the Soybean Export Council said that China soybean buyers are now asking exporters to guarantee no COVID contamination in soybean cargoes. China’s soybean buyers are asking exporters to sign a letter guaranteeing their soybean shipments are not contaminated with the coronavirus. According to sources, Zhang Xiaoping, China director for the group, said the requests are coming from local customs authorities, not Beijing. If the US begins to require the same things from India, there is the…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...