Organic prices in the EU are stable, with wheat prices continuing to slip held up only by the price of conventional wheat. Organic wheat prices are hovering near 200-euro per metric ton CIF delivered into Amsterdam. Organic corn prices in Europe are also stable, with many consumers looking organic corn from Ukrain which is currently trading near 240-euros per metric ton delivered into Amsterdam. EU corn from other destinations is higher near 260-euros per metric ton. While there is very little organic soybean meal available, specially delivered from China, organic soybean meal from India is offered near $700 per metric ton delivered into Amsterdam.
While the rains in India have not been evenly distributed, the bulk of India’s monsoonal precipitation has been well-timed and beneficial for crops in the majority of the nation according to World Weather. Most crop areas in India will continue to get…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...