Non-GMO corn prices remain steady, with premiums widening slightly due to the rising price of conventional corn. Non-GMO soybean prices are also steady, and despite robust demand for both non-GMO meal and conventional meal the premium for both non-GMO soybeans and non-GMO soybean meal remain stable. Non-GMO soybean premiums to the local cash price have remained steady hovering near the 1.40 level according to Merchandiers. Non-GMO soybean meal is trading near 120 per short ton over conventional.
There also seems to be a divergence in non-GMO soybean and soybean meal prices on the east coast (East of the Mississippi) and the West coast. Prices for non-GMO soybean meal are averaging approximately $20 per short ton below east coast prices while the beans are averaging nearly $0.60 per bushel lower than than the local cash price relative to the east coast price for…
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%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...