Imported Soybean Meal Prices are Rising

Imported Soybean Meal Prices are Rising

The organic soybean meal market is beginning to tighten.  While prices remain below 800-per ton, for imports, there are some who believe that exporters to the US are short. Over the long term, the question remain whether India will continue to be the top bean meal exporter to the United States.  One importer claims that 60% of the Indian subsector below 25-years old are now meat eaters. The meat of choice in India is chicken. Prices for the Q2 are approximately $30 per ton over…

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