Organic soybean meal prices have found some support above the $800 per short ton level, with organic soybean prices for new crops in the low $20s. Lower prices and changes to the landscape of importers have significantly created a liquidity gap. While offers for organic soybean meal continue to hover in the mid-800s for both imported and domestic organic soybean meal, there is little activity for the fourth quarter.
…
09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
09.06.2024
Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...