Organic soybean prices remain elevated. The Jacobsen has heard prices picked up at the farm in the mid-west ranging from $19.50 in the western mid-west to $20 in the eastern mid-west. Prices in Pennsylvania are currently trading near $22 per bushel, with offers as high as $23 per bushel. Organic soybeans FOB Indian are above $700 per metric ton.
Most US domestic US organic soybeans have been accounted for, with farmers harvesting and selling very quickly. The question for consumers is where will the organic soybeans come from in 2020/2021. The lack of uncertainty is likely to continue to push organic soybean prices higher.
Organic soybean imports that arrive in the US during the Q1 of 2021 will come from a range of different…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...