Slowing US biodiesel output supports crude glycerin prices
A strong start for US biodiesel production in 2024 has the production pace quickly closing in on the 2024...
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 — which should keep a cap on prices — 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...