As we head into the holiday season the organic corn market appears flat. Most consumers are covered for the balance of the year into the Q1, with about 40% of the organic corn market yet to be priced. Farmers want $10 for their organic corn and seem to be willing to store it hoping that there is a return to the $10.50 they saw for Organic corn mid-west (The Jacobsen), picked up at the farm in August of 2018. 9-months of carry will put prices near $10.375 which means that…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...