05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Organic corn prices have stabilized near the $9.25 level. While there have been few large transactions ahead of the harvest merchandiser are pointing to a bountiful fall which has weighed on Q4 prices. Heavy rains in the mid-west have delayed the organic harvest and farmers are waiting to see what is available in their fields before they begin to contract. There is a 10 cent carry to Q1. The Q2 and Q3 of 2019 are more of a question. Imports or organic corn are picking up,…