Organic Soybean Prices Mostly Stable

Organic Soybean Prices Mostly Stable

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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05.16.2024

Animal fat prices steady on limited volume traded

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

On Thursday,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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