Indian soybean prices hit their highest level in U.S. dollars per metric ton on Wednesday. The price in U.S. dollars per metric ton rose to $724. The rise in the price is due to an increase in the prices on the NCDEX in conjunction with an increase in the value of the Rupee versus the U.S. dollar. The certification issues that APEDA is dealing with appear to be easing, but Indian exports are still reticent to provide firm offers on organic soybean meal and organic soybeans. Meanwhile, prices in the organic soybean and bi-product market continue to remain very elevated.
Organic chicken retail sales continue to outperform. February, like January, showed double-digit returns for organic chicken retail sales sold in supermarkets and big-box stores across the United States. The retail sales trend has an upward trajectory and is outperform the year-over-year growth seen in retail grocery store sales.
…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...