Non-GMO soybean premiums have remained stable, hovering near $1.30-$140 over the local cash price. According to merchandisers, there has been some slight upward movement in non-GMO soybean meal, which is trading near $100-$110 over the local cash price.
Organic soybean meal prices remain elevated. Prices on the NCDEX closed near all-time highs, and there is no word yet as to whether TQ Cert will be allowed to begin to certify again in India. Merchandisers are quoting imported organic soybean meal at Baltimore customs cleared and on a truck near $1,150 per short-ton. This organic soybean meal value is for spot deliveries as well as Q2. On the west coast, the price of imported organic soybean meal imports is similar for custom cleared and on a truck.
The stimulus payments, which have passed on the Senate, should pass through the House of Representatives and be signed this week by President Biden. The…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...