# Organic soy market facing record imports & major price swings - Brownfield Ag News

> Organic soybean prices ranged from $22 to $29 per bushel in March, and organic soybean meal was quoted near $1,300 per short ton. US organic soybean meal imports rose 73% over the first seven months of the marketing year, while domestic supplies were up about 16% from 2020.

- Date: 2021-04-21 · published 2021-04-21T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/47676-organic-soy-market-facing-record-imports-and-major-price-swings-brownfield-ag
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record organic meal imports and high prices reflect a niche market disconnect, with the US ending its equivalency agreement with India possibly prompting stockpiling; this has limited effect on conventional feed prices.

## Read by commodity

- SBM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2017-05-16 | [Expanding hog herd drives surge in China's soybean imports - Brownfield Ag News](https://feedsoft.ai/events/71005-expanding-hog-herd-drives-surge-in-china-s-soybean-imports-brownfield-ag-news.md) | -1.5% | -3.5% |
| SBM | 2020-07-21 | [US red meat exports adding value to corn and soybeans - Brownfield Ag News](https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news.md) | +1.4% | +3.4% |
| SBM | 2024-06-13 | [Chinese demand boosts soybean price outlook - Brownfield Ag News](https://feedsoft.ai/events/29786-chinese-demand-boosts-soybean-price-outlook-brownfield-ag-news.md) | -0.9% | +0.3% |
| SBM | 2017-09-22 | [Solid demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/68987-solid-demand-supports-soybeans-corn-brownfield-ag-news.md) | -0.7% | +4.0% |
| SBM | 2020-08-13 | [Market analyst cites good demand for soybean strength - Brownfield Ag News](https://feedsoft.ai/events/10684-market-analyst-cites-good-demand-for-soybean-strength-brownfield-ag-news.md) | +4.8% | +10.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/organic-soy-market-facing-record-imports-major-price-swings/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.