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…
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...