Organic soybeans continue to hold their value, but at the expense of liquidity. We hear merchandisers reporting bids $1.50 over The Jacobsen – Fastmarkets Midwest Organic Soybeans pricing, for organic soybeans delivered in Pennsylvania.
End user buying trends create an opportunity to sell the carry for some operators if they have the storage. These end users are trying to keep feed supplies stocked while minimizing inventory and this will inevitably result in last minute delivery requests, thus requiring adequate logistics to service these clients.
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12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...