Organic soybean prices remain elevated, hovering near the $19.75/$20 region for mid-west beans. Most of the beans are committed so it’s hard to find any. To get imported beans to the mid-west the price would be well above the current domestic price. Organic soybean prices FOB India remain near $680-$700 per metric ton.
There is also still a strong demand for conventional soybeans which is generating strong demand for containers to be sent to China instead of India. According to the most recent Census Bureau data, China purchased a record $4.8 billion of U.S. food, agricultural, and seafood products during October. Soybeans accounted for the bulk of sales, $3.5 billion, in October.
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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...