Organic feed commodity prices remain stable

Organic feed commodity prices remain stable

Prices for organic feed ingredients have remained steady with no major movements in key commodities. Prices for organic soybeans could be buoyed by underlying supply and demand fundamentals if domestic production dips and shortfalls cannot made up with imports. We hear some reports of reduced soybean planting this year, but it is still very early.  

There is no reason to believe there is any shortage of organic soybeans in Africa, but logistics challenges related to closure of the Port of Baltimore are an unknown at this point. A temporary channel opened yesterday that is meant to accommodate tugs and barges but not container ships.

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04.19.2024

Reduced March RIN production not leading to higher RIN Prices

Reduced March RIN production not leading to higher RIN Prices

Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...

04.19.2024

CWG, YG higher on week, UCO, DCO down again

CWG, YG higher on week, UCO, DCO down again

The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.

04.19.2024

Price pressure on ruminant and porcine items for the week

Price pressure on ruminant and porcine items for the week

Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.

Wide ranges were witnessed on porcine bloodmeal (BM), with a...

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