Organic soybean meal is getting harder to find. Most of the crushers in the United States are now out of organic soybean meal and are waiting on foreign organic soybeans to crush organic soybean meal. Prices on the west coast for Chinese-origin organic soybean meals are quoted near $1,500 per short ton. U.S. domestic is offered between $1,550 to $1,700 per short ton.
Merchandisers tell Fastmarkets/The Jacobsen that imported organic soybeans have recently seen their fair share of rejection, so there is no guarantee that organic soybeans will arrive. Covered in the world of organic soybean meal is a relative term.
Organic soybean meal will continue to make its way down from Canada to the east coast of the United States, but the volumes will be a fraction of what arrived from India over the last few years. Organic soybean meal from the Black Sea (mainly Turkey) will also continue to make its way into the United States. The final shipment of organic soybean…
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