Economic Conditions Favor Demand Growth for Organic Proteins
Recent government reports have highlighted the likely demand for organic...
**Please note, The Jacobsen will not publish a bulletin on Tuesday in observance of the U.S. July 4 holiday.**
Soybean oil futures markets in Chicago stormed higher on Friday, with August-December 2023 contracts trading lock limit up after the USDA released its highly anticipated annual Acreage report. The agency showed the 2023 estimated U.S. soybean planting area at 83.5 million acres, down five percent on the year. The figure also came in well below USDA's March projection of 87.7 million acres and the...