An ag economist says organic soybean prices continue to push higher ahead of a record expected harvest because of import concerns.
Ryan Koory with Mercaris tells Brownfield organic soybean prices have been relatively stable over the past five years, until 2021.
“Last September you were looking at organic soybean prices that were around $20 per bushel delivered to U.S. elevators, right now as we get into harvest of this year, we’re looking at soybean prices that are around $35,” he says.