Organic soybean prices are hovering near $610 FOB India, up slightly over the last two weeks. The harvest in India is expected to be robust, which generally weighs on prices this time of year. Organic soybean meal prices remain steady, with prices experiencing wide ranges throughout the mid-west. Prices are as low as $760 picked up at the crush in Indiana and as high as $820 per short ton in Minnesota. With few old crop beans being crushed, since there are no old crop beans around, meal prices are a function of Indian beans and Indian bean meal.
What appears to be keeping prices relatively elevated is transport. Transport from Nhava Sheva remains near the $100 per metric ton level, making it difficult for prices to dip. Organic soybean meal prices are hovering near the $595-600 level FOB India, but with $100 of transportation, it puts them…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...