Organic soybean prices have largely moved sideways through 2024, holding their value around the $20/bushel mark, according to Fastmarkets’ published pricing for “Soybeans -Organic, Feed Midwest”.
There is some question about the size of the organic soybean crop this year, with organic corn often being a safer bet for growers. The University of Minnesota Cooperative Extension found the average net return for organic corn to be about twice that for organic soybeans in 2020. The average organic corn acre returned nearly $500/acre, while soybeans just over $250/acre.
Although organic soybean imports have continued to flow in 2023, there has been some decline year to date compared with the same period in 2023. There were 88,930 tonnes of organic…
09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...