European organic grain prices are slowly edging lower, and activity is light. Merchandisers tell Fastmarkets that organic soybean meal is offered nearly €770-780 per metric ton for Chinese organic soybean meal and closer to €840 delivered to feed mills. This figure equals $770 per short ton and $840 per short ton, respectively.
The price for European crushed organic soybean meal that is crushed by non-EU beans is higher than the U.S. price, near €880 per metric ton ($880 per short ton). Organic soybean oil is quoted at around €950 per metric ton, but demand for oil in the short term is dead. Some of the oil is going into the non-GMO soybean oil market. Merchandisers tell Fastmarkets that organic corn prices have also dipped and are closer to €380 per metric ton. Feed grade organic wheat is trading lower, near €300 per metric ton.
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...