Organic Soybean Meal Tests Current Floor

Organic Soybean Meal Tests Current Floor

Organic soybean meal prices are attempting to find a bottom. Prices are now offered at $850 in some areas of the U.S.. The market has not made a complete round trip but has not pushed below the $800 mark as it did in 2021, when vast volumes of organic soybean meal made their way into the U.S. from India.

2023 has seen a sea change in the countries supplying organic soybean meal to the U.S. Gone are the days when India dominated the landscape. As recently as the fourth quarter of 2021, most organic soybean meal that entered the U.S. came from either India or China.

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