Organic soybean prices remain in a slump with bids in the low $20’s. Merchandisers tell Fastmarkets that there are few trades and little activity for both old-crop and new-crop organic soybeans. Most consumers are covered for the entire marketing year at higher prices and are waiting before they make forward purchases.
Are Organic Soybeans On Their Way from Argentina?
One of the first shipments of organic soybean imports is likely to come from Argentina. According to the Morehead City, North Carolina shipping schedule, the vessel Bronco is headed for the…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...