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…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...