Organic soybean trade flows remain fluid, with shifts to the key players since 2020. Argentina’s organic soybean exports over the three-year period between 2020-2023 were double those of the next most prolific exporter of organic soybeans to the US: Russia.
Peaking in 2022, Argentina’s organic soybean exports were undermined by drought in subsequent years, as well as growing competition in global markets. Ghana has replaced Argentina as the highest volume exporter for US organic soy imports.
Ukraine’s exports have faded amid ongoing…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...