Organic Soybean Meal Prices Ease Slightly

Organic Soybean Meal Prices Ease Slightly

Organic soybean meal prices are easing slightly on both coasts. The Jacobsen has seen quotes near $1,550 per short ton FOB Baltimore on a truck. This figure is down slightly from the $1,565 quotes The Jacobsen saw just two weeks ago.   Organic soybean meal in Stockton is offered at $1,500 per short ton, down from close to $1,600 per short ton two weeks ago. Some organic soybean meal deliveries came into the West Coast in early September which is likely putting some downward pressure on prices. The Jacobsen has also heard from Merchandisers that organic soybean meal is offered FOB Uganda for $1,500 per metric ton. Players in the organic feed grain space should not be surprised with Ghana delivering its first batch of organic soybeans into…

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