Organic Poultry Demand Remains Strong
Organic soybean meal prices remain elevated, and consumers are focused on the spot market. Merchandisers tell The Jacobsen that...
Organic soybean prices are rising. Prices in the mid-West were reported up to $35 per bushel. The average trade reported in Iowa was $32 per bushel. Despite the acceleration in the price of organic soybeans, the crush rate still makes these prices attractive if organic soybean meal is trading for $1,500 per short ton and organic soybean oil is selling for $0.70-$0.75 per pound.
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