Organic soybean meal prices are softening ahead of the harvest. Prices in Indian have traded as low as $600 per metric ton FOB India with offers near the $620 level. That puts prices in Baltimore near $650 per short ton before customs clearing and transloading. Prices delivered into Chicago are offered near $800 per metric ton before transloading. Imported Organic soybean prices are hovering near the $21.20 level in PA, region.
Organic egg sales continue to remain buoyed in June according to The Jacobsen. Sales in the US rose 28% year over year for June compared to the same period in 2019. For the 4-months ending June 2020, organic egg sales are higher by 31% year over year, as the impact of COVID is helping to generate tailwinds for grocery store sales. The upward trajectory of the trend is likely to continue during the balance of the summer and could continue if the disease continues to make it difficult…
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...