Organic Spot Prices are Buoyed by Bottlenecks

Organic Spot Prices are Buoyed by Bottlenecks

 

Spot prices of organic corn and soybeans are buoyed as backups in the Port of Baltimore are generating a bottleneck which is hindering the processing of container shipments.  Merchandisers are reporting shipments being diverted from Norfolk and generating a backlog in Baltimore. Spot price for organic corn in Pennsylvania is reported at $11.50 per bushel. Values in the mid-west picked up at the farm (The Jacobsen), remain close to $9/$9,25 and have not seen an noticeable…

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