Organic soybean meal prices remain volatile. Organic soybeans are even more challenging to find. The quotes The Jacobsen has received from India on organic soybean meal range from $870 FOB to $930 FOB. The prices are climbing in line with conventional, which has hit an all-time high. Conventional soybean prices on the NCDEX closed at $777 per metric ton, according to The Jacobsen. The news about the certification companies in India remains incomplete. What seems to be clear to The Jacobsen is that the supply chain that was in place in India ahead of the crackdown is broken. It’s unclear if a new supply chain will be created or if the United States will need to find organic proteins from another source.
In recent weeks there appears that there was a surge in prices due to short-covering for Q2. While there is still some spot trading ahead of Q2 2021, merchandisers tell The Jacobsen that most of the consumers…
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...