There is a lot of Organic Corn Around

The Jacobsen intelligence continues to hear that “there is a lot of organic corn out there”. At the same time, few believe that Q3 prices will dip below $9. So, the question is whether we have reached equilibrium? While there are reports that more organic crack corn has come in during February, the volume is down relative to 2018.

Demand remains robust.  The Jacobsen estimates that year over year broiler demand will increase…