Organic Soybean Prices Steady

Organic Soybean Prices Steady

Organic soybean prices have remained steady, buoyed by the uncertainty of critical imports.  Organic soybean demand in the U.S. relies heavily on imports. Between 227K and 342K metric tons (mt) of organic soybeans were imported into the U.S. annually over the previous three years. Current YTD imports of organic soybeans are short of previous year’s at 197k mt, but fourth-quarter shipments have yet to land.  A supply crunch may not be felt until 2024.

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09.29.2023

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...

09.29.2023

Hemp Extracts Continue to Vex State Governments

Hemp Extracts Continue to Vex State Governments

We reported two weeks ago that Missouri regulators recalled 62,000 products after discovering Robertsville-based Delta Extraction substituted hemp-derived isomers of CBD, like...

09.29.2023

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Trading was quiet today with no changes reported despite a big drop in the soybean meal market.
The animal proteins market has been mostly sideways this week with most...

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