Organic soybean prices have largely moved sideways through 2024, holding their value around the $20/bushel mark, according to Fastmarkets’ published pricing for “Soybeans -Organic, Feed Midwest”.
There is some question about the size of the organic soybean crop this year, with organic corn often being a safer bet for growers. The University of Minnesota Cooperative Extension found the average net return for organic corn to be about twice that for organic soybeans in 2020. The average organic corn acre returned nearly $500/acre, while soybeans just over $250/acre.
Although organic soybean imports have continued to flow in 2023, there has been some decline year to date compared with the same period in 2023. There were 88,930 tonnes of organic…
09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...