Organic soybean meal prices in India are rising, but the increase might not be enough for US domestic organic soybean crushers. Prices are quoted at $640 per metric ton FOB India for the November through January period. This should put organic soybean meal prices near $705 customs cleared in Baltimore. That would equate to $750 in South Central PA and imported meal near $775 per short-ton in the mid-west.
The Jacobsen has heard of a wide range of prices for organic soybean meal as well as a very wide range of organic soybean oil prices. Prices in the east have traded at $0.60 per pound, but cannot find a home in the mid-west for better than $0.45 per pound. Domestic and imported meal prices are also bifurcating. Organic soybean meal that is domestically crushed…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
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