Organic soybean meal prices remain stable. Our view of stable prices is based on a slight decline in demand complemented by declines in organic soybean meal imports and organic soybean production and imports. We continue to see a declining carry-out of organic soybeans and organic soybean meal at the end of the marketing year.
Organic soybean meal imports in December eased. According to third-party data viewed by Fastmarkets, organic soybean imports were 5.5K metric tons, down from 28K metric tons. According to the U.S. Customs Department for November, the official data was 28K metric tons, up from our estimates derived from third-party vendor data.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...