The coronavirus has failed to slow down the continued divergence between organic corn prices and organic soybean prices. While corn prices are attempting to test the $7 level for spot load picked up at the farm, organic soybean prices continue to test higher levels, moving up to $21 per bushel picked up at the farm (if you can find US domestic soybeans).
The Jacobsen believes that there will be additional upward pressure on organic soybean prices that will eventually…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...