09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
Imports of organic soybeans declined in the prior marketing year. The official data from the U.S. Customs Department showed that about 264K metric tons of organic soybeans were imported into the United States. One significant error was a 60K metric ton delivery of conventional beans from Brazil, which Fastmarkets confirmed was an input error. The error was never corrected.
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