Organic soybean prices remain buoyed, despite a retracement on the NCDEX. Exporters tell The Jacobsen that organic soybean meal prices are close to $700 per metric ton FOB India. Shipping rates remain high, close to $3,600-$3,700 per FCL. Organic soybean imports eased in November, according to the latest customs data. According to The Jacobsen, organic soybean imports are down 75% month over month in November and 22% year over year. Despite the recent decline in organic soybeans imports to the U.S., organic soybean imports for the 12-months ending November 2020 are up 9% year over year.
Organic soybean exporters have shifted over the last 11-months. For the 11-months ending November 2020, India has seen a 43.5K metric ton decrease in the volume of organic soybeans that are exported to the U.S., while Russia has seen a 43.8K metric ton increase in exports to the U.S. Argentina has also seen a decline in the…
01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...