Organic soybean meal prices are softening ahead of the harvest. Prices in Indian have traded as low as $600 per metric ton FOB India with offers near the $620 level. That puts prices in Baltimore near $650 per short ton before customs clearing and transloading. Prices delivered into Chicago are offered near $800 per metric ton before transloading. Imported Organic soybean prices are hovering near the $21.20 level in PA, region.
Organic egg sales continue to remain buoyed in June according to The Jacobsen. Sales in the US rose 28% year over year for June compared to the same period in 2019. For the 4-months ending June 2020, organic egg sales are higher by 31% year over year, as the impact of COVID is helping to generate tailwinds for grocery store sales. The upward trajectory of the trend is likely to continue during the balance of the summer and could continue if the disease continues to make it difficult…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...