Organic soybean meal prices remain steady, with a decline in previously reported highs north of $900/st. West Coast prices for Q1 2024 were reported to Fastmarkets trading near $810 per short ton. According to merchandisers, prices on the East Coast are trading between $800 and $850. Despite the huge decline in organic soybean oil prices, we have heard an extensive range of prices. The drop in diesel prices has not helped conventional soybean oil prices, which has weighed on organic soybean oil prices.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...