Organic soybean meal prices remain volatile and The Jacobsen is receiving a wide range of prices from exporters. Prices are quoted as low as $615 per metric ton FOB India and as high as $685 for the Q1 of 2020. There are also several prices in the middle closer to $640 per metric ton. With freight rates remaining as high at $120/$125 per metric to move organic soybean meal to the east coast, consumers should expect to see a wide range of prices depending on the location.
The spread of the pandemic in the US is helping to buoy organic milk sales at a solid pace. Grocery store sales have continued to trend upward, rising more than 9% in September, according to the US Commerce Department. Organic milk sales have slightly outpaced that level, rising 10% year over year in October and rising 11% year over year for the 8-months that incorporate the spread of the pandemic according to The…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...