The coronavirus has failed to slow down the continued divergence between organic corn prices and organic soybean prices. While corn prices are attempting to test the $7 level for spot load picked up at the farm, organic soybean prices continue to test higher levels, moving up to $21 per bushel picked up at the farm (if you can find US domestic soybeans).
The Jacobsen believes that there will be additional upward pressure on organic soybean prices that will eventually…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...