Organic soybean prices are trading in a wide range in the U.S., with a center around $24.50/$25 per bushel. There are small-lots trading, but most of the organic soybeans beans available have been contracted or crushed.
The structural dynamic of cheap organic soybeans and organic soybean meal in the U.S. has changed. While T.Q. Cert and Lacon, two India certification companies, can now operate again; the scrutiny these companies face might hamper their ability to provide trading certificates for organic soybeans and organic soybean meal regularly. APEDA will observe these two companies, and they are unlikely to overlook any organic soybeans or organic soybean meal that is expected to be exported. Merchandisers have told The Jacobsen that this issue made its way to the top levels of the Indian government, and they are not happy.
Additionally, some consumers and merchandisers say that this issue has made it back to the C-Suite level at many livestock…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...