Organic soybean prices have been mixed, but remain elevated. Prices are quoted near $20.60 in North Caroline picked up for imported (Argentinian) beans and at $600 per metric ton (16.35 per bushel) FOB India. Organic soybean meal is offered at $680 per metric at Sparrows Head (near Baltimore), customs cleared and on a truck, and near $780 per short ton in the mid-west. Organic soybean meal prices have dipped slightly offered near $595 per metric ton FOB India.
The harvest in India seems to be headed for a positive outlook which could put additional downward pressure on organic soybean and organic soybean meal prices. The planting progress has accelerated rapidly in July with ample monsoon rains in key areas. The volume of rain has been substantial leading to flooding in many…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...