A rise in organic soybean meal imports could be the catalyst that drives price action during the balance of the marketing year. Rising and steady imports from Africa are expected to accelerate. A pivot in 2024 planting intentions to organic corn could reduce domestic supply for organic soybeans even further.
Africa has picked up where India left off, with total imports surging in Q1. It will be hard for domestic crushers to continue to operate in the black at current organic soybean oil prices, squeezing any profits out of the crush.
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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...