Organic Chicken Slaughter Continues to Trend Higher

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Organic Chicken Slaughter Continues to Trend Higher

Organic soybean meal prices ticked up rising back to the $610 level FOB India for new-crop from below $600 a couple of weeks ago. Organic soybean prices have also increased, rising to $620 FOB India. Flooding rains that could impact the Indian harvest continue to generate volatility for new-crop organic prices. Domestic organic soybeans have been scooped up and most of the upcoming harvest is pre-sold.

Unfortunately, the soybean meal that is generated from domestic organic soybeans, will need to compete directly with imports that...

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