While the news about Pipeline Foods Bankruptcy takes center stage, prices have yet to react to this situation. Organic soybean prices remain elevated in the mid-West, with old-crop trading as high recently at $36 per bushel. Prices have transacted as high as $42 per bushel, according to sources. New crop prices are bid a lot lower. There are not many new crop trades to report. Organic soybean prices traded at lower levels near $26 per bushel in Quebec in June for new crops. There remains a large inversion for organic soybeans. The term structure remains inverted. Conventional soybeans on the NCDEX have a $268 per metric ton inversion, equating to a $7.15 per bushel inversion.

What Could Happen Following the Pipeline Foods Bankruptcy

I collected some information that might assist in planning if you are exposed to Pipeline or exposed to someone exposed to Pipeline foods risk. If one of your counterparts bought from Pipeline Foods at a lower level and…