Organic soybean meal prices are getting the most attention in late January as subsidized Indian soybean meal imports might be a thing of the past. Soybean meal prices have been subdued for months, and now that imported prices are rising, there might be some merchandisers left scrambling for cover. Traders are also realizing that India might not deliver on products contracted during the balance of Q1 and Q2. Merchandisers see domestic…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...