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.
…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...