Organic soybean meal imports up 147%

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Organic soybean meal imports up 147%

Organic soybean meal prices have been steady, maintaining a price floor at $800 per ton delivered in Pennsylvania and the Midwest. Imports continue to flood into the US  â€” which should keep a cap on prices â€” especially if demand starts to ease.

The future of imports from Africa is in question as prices for organic soybeans compete with non-GMO prices in Asia. Higher freight rates from Africa to the West Coast of the US are more than three times the cost of moving grains from Africa...

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