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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12.08.2023
SAF Output Surges, Robust Policies Still Needed to Drive Growth: IATA
**Bob Lane was out of the office today and will return on Monday, December 18, 2023. In his absence, please contact Amanda Luhavalja at [email protected] **
12.08.2023
Fat Market Slides on Heavy Nearby Supply, Cuts in Feed Demand
There was a lot of activity today to close out the week, mostly at lower prices. Negative pressure had been building through the week on heavy nearby supply, and...
12.08.2023
MBM Prices Continue to Fall on Reduced Export Demand
Considerable pressure on meat and bonemeal remained for this week, with ruminant and porcine markets FOB Mo. River weekly averages dropping 9.0 percent and 7.0 percent, respectively. Excess offerings...