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.
…
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...