Organic soybean oil prices remain bifurcated. Prices in the middle of the US are trading in the mid-’40s while prices on the coast are in the low to mid-’50s. Oversupply from heavy crushing of organic soybean oil in the spring could have generated this issue. During the spring of 2020, US crushers appear to have picked up their volumes to account for the lack of organic soybean meal that was coming to the US from India.
A bi-product was the increase in the volume of organic soybean oil, which saw its inventories rise. Organic soybean oil is used in feed and some food applications. Most of the time, soybean oil takes a back seat to sunflower oil and is labeled as vegetable oil at the supermarket. As part of the feed ration, organic soybean oil usually makes up approximately 0.5% of a feed ration. The heavy crushing in the mid-west has…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...