Organic Soybean Meal Imports Drop Sharply

Organic Soybean Meal Imports Drop Sharply

 

Organic soybean meal prices are starting to edge higher. Most of the activity is short-term trading, and few consumers are willing to cover their needs for Q2 and Q3. Organic soybean meal is offered near $1,500 per short ton for organic soybean meal of Chinese origin and near $1,700 per short ton for U.S. domestic and Canadian organic soybean meal. Merchandisers tell Fastmarkets/The Jacobsen that most of the trading activity in Q4 was domestic soybean meal. This activity could either be domestic organic soybean crushed in the United States or imported organic soybeans crushed in the United States. One of the issues that consumers should be focused on is the lack of organic soybean meal making its way into the United States.

Organic Soybean Meal Imports Drop

Organic soybean meal imports declined in December. According to bills of lading data evaluated by Fastmarkets/The Jacobsen, organic soybean meal imports into the United States declined by…

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