Organic soybean imports in June 2025 were estimated at 8,100 MT, up 47% from a year earlier. Ukraine was the largest supplier with 4,100 MT, followed by Canada with 2,000 MT, Paraguay with 1,800 MT and Argentina with 228 MT.  

The Argus AgriMarkets Organic and non-GMO service weekly delivered spot price for feed-grade organic soybeans delivered to the U.S. Corn Belt for the week ended July 18, 2025, was $22.23/bushel, up $0.35 from a month prior and $2.11 from a year prior.  

The Ukrainian parliament on July 16 voted to approve a 10% export duty on soybean exports. Producers and co-operatives that export soybeans themselves are excluded from the duty. The 10% duty will go into effect Aug. 1 following adoption of the law. 

Ukraine is a significant supplier of organic soybeans to the U.S. market. Imports of Ukrainian organic soybeans during the U.S. marketing year-to-date (September-June) accounted for 27% of U.S. organic soybean imports during the period. 

Ports in the U.S. Gulf received 90% of US organic soybean imports from Ukraine marketing year-to-date June, Argus data shows. This volume is mostly transported up the Mississippi River by barge to supply US crushers. If exporters push the cost of the duty on to importers, U.S. crushers will need to pay the 10% export duty in addition to the 10% import tariff imposed by the U.S. Crushers would need to pay more or find alternate sources. The higher price of imported soybeans from Ukraine would provide support to domestic soybean prices. 

Energy and commodity price reporting agency Argus acquired Mercaris, the leading provider of organic and non-GMO agricultural commodities in the US, in June 2023. The company is an SSGA member and a monthly contributor to the SSGA E-newsletter.

Organic soybean imports in April 2025 were estimated at 42,200 MT, more than double the same month in the prior year. Argentina was the largest supplier with 23,100 MT. Ukraine supplied 11,500 MT and Canada sent the remaining 3,600 MT. 

The Argus AgriMarkets Organic and non-GMO service weekly delivered spot price for feed-grade organic soybeans delivered to the U.S. Corn Belt for the week ended May 23, 2025, was $21.65/bushel, which is up $1.38 from a month prior and $2.20 from a year prior.  

Recent shipments of organic soybean meal from Africa are taking 20-30 days longer to reach the East Coast than in recent years, market contacts said. Importers have struggled to build U.S. supplies and are shipping most meal to buyers upon receipt, reducing soymeal availability to cover other delayed shipments. 

The delay in imports also left some end-users short, which they covered by purchasing from domestic supplies of organic soymeal. U.S. crushers in the Corn Belt sold meal into both coasts over recent weeks. Including the cost of freight, a short ton of domestically crushed meal can cost over $1,100/short ton delivered into the West Coast, market contacts said. 

Energy and commodity price reporting agency Argus acquired Mercaris, the leading provider of organic and non-GMO agricultural commodities in the US, in June 2023. The company is an SSGA member and a monthly contributor to the SSGA E-newsletter.

Organic soybean imports in January 2025 were estimated at 23,200 MT, up 69pc from the same month in the prior year. Turkey was the largest supplier with 13,700 MT, followed by Argentina with 6,000 MT. Uruguay and Canda both supplied smaller volumes.

The Argus AgriMarkets Organic and non-GMO service weekly delivered spot price for feed-grade organic soybeans delivered to the U.S. Corn Belt for the week ended January 24, 2025, was $20.08/bushel, which is up $0.60 from a month prior and down $0.27 from a year prior.

Argentina is a major source of organic soybeans to the U.S. They accounted for 75pc of U.S. organic soybean imports through December of the 2024-25 marketing year. However, yield expectations for the current Argentinean organic soybean crop have fallen due to high temperatures and low precipitation in major growing regions. Argentina’s soybean crop harvest is expected to start in late May.

Argentinean exporters are delaying new crop contracting because of possible future tariffs, according to market contacts. The uncertainty regarding tariffs could prevent the shipment of new crop organic soybeans to the U.S. if not resolved by summer and reduce U.S. supplies for the second half of 2025.

Energy and commodity price reporting agency Argus acquired Mercaris, the leading provider of organic and non-GMO agricultural commodities in the US, in June 2023. The company is an SSGA member and a monthly contributor to the SSGA E-newsletter. 

Organic soybean imports in October 2024 are estimated at 1,237 MT, a 57% increase from the same month in the prior year. However, imports were down 98% from the prior month after a strong month of imports from Argentina in September. Argentina was the majority supplier with 721 MT. The remaining 516 MT was sourced from Uruguay.

The Argus AgriMarkets Organic and non-GMO service weekly delivered spot price for feed-grade organic soybeans delivered to the U.S. Corn Belt for the week ended Nov. 22 was $19.39/bushel, which is down both $0.39 from a month prior and $1.01 from a year prior.

Pakistan recently approved the importation of genetically modified soybeans, which could increase the organic soy supply in the global market, according to market contacts. Pakistan had previously only allowed imports of non-GMO soybeans, including organic soybeans, to fulfill their needs.

With genetically modified soybeans now allowed the supply of organic and non-GMO soybeans that fed their needs will instead be exported to other countries, including the U.S. Pakistan imported 160,000 MT of non-GMO soybean meal and 500,000 MT of non-GMO soybeans during the 2023-24 marketing year, according to U.S. Department of Agriculture estimates. This included both conventionally farmed non-GMO and organically grown soy products. These organic soy products, which can now be redirected to other importers, could add to an already amply supplied global organic soy market.

Energy and commodity price reporting agency Argus acquired Mercaris, the leading provider of organic and non-GMO agricultural commodities in the US, in June 2023. The company is an SSGA member and a monthly contributor to the SSGA E-newsletter. 

Organic soybean imports in August 2024 are estimated at 25,100t (metric tonnes), twice that of the same month of the prior year. Imports were also down 8pc from the prior month. Argentina was the majority supplier with 16,200t. Turkey was the next largest supplier with 8,700t. The remaining 200t was sourced from Paraguay. 

The Argus AgriMarkets Organic and non-GMO service weekly delivered spot price for feed-grade organic soybeans delivered to the U.S. Corn Belt for the week ending Sept. 20, 2024, was $20.07/bushel, which is up $0.36 from the prior month and down $0.34 from the prior year.  

Availability of old crop organic soybeans is spottier and varies by region. Most merchandisers and end users have reported that they are covered through new crop. Availability has been tightening in some regions  still looking for coverage, especially in the Eastern Corn Belt and East Coast. East Coast old crop spot prices have ticked up over recent weeks as end users need to bid more aggressively on old crop loads.  

Energy and commodity price reporting agency Argus acquired Mercaris, the leading provider of organic and non-GMO agricultural commodities in the US, in June 2023. The company is an SSGA member and a monthly contributor to the SSGA E-newsletter.