Organic soybean meal prices remain robust. It’s hard to see prices moving any lower ahead of the new crop season. Activity is very light. Indian soybean prices have been range-bound, moving in tandem with Indian soybean oil.  With U.S. soybean oil board prices rising and trading above $0.72 per pound, organic soybean oil now has a robust floor.  This rise in conventional oil prices can assist in mitigating the upward trend in organic soybean meal. Crushers who can deliver organic soybean oil into the traditional soybean oil contract can generate profitable margins and avoid demand destruction from the end-user that needs to purchase organic soybean meal for organic animal feed.

Organic Turkey Slaughter By Weight Drops

According to figures released from Federal Inspections, organic Turkey…