Organic soybean meal prices are playing catch-up football. Merchandisers are telling the Jacobsen that organic soybean meal prices are currently trading near $750 per shore ton (customers cleared) near Baltimore. Prices are now quoted at $680 per metric ton FOB India. The surge has been driven by supply more than demand which seems stable despite organic animal protein demand at supermarkets.
Organic soybean prices remain elevated in the mid-west but prices are beginning to percolate higher on the east coast. Merchandisers are telling the Jacobsen that domestic organic soybean prices are trading near $22 delivered into the east coast. Prices in Quebec have recently traded at $711 US dollars per metric ton or $19.35 per bushel according to merchandisers. Organic soybean prices in the mid-west are trading close to $20 delivered and…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...