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…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...