Non-GMO soybean prices have edged slightly higher hovering near $1.40 as a premium to the local cash prices. Merchandisers are telling The Jacobsen that activity in the space is beginning to pick up slightly. There appears to be a slight decline in the values that Merchandisers are seeing for non-GMO soybean meal which has slipped down to $110 over conventional, which is slightly squeezing the margins received by crushers. Non-GMO corn prices are stable and remain in the $0.10-$0.30 range over conventional prices.
Despite the continued uptick in supermarket sales across the US, there has been very little increase in prices. Supermarket sales during the past 6-months have seen a one month year over year sales increase of as much as 35% year over year to the low in August which was 9.5% year over…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...