Organic Corn Prices Remain Stable

Organic Corn Prices Remain Stable

 

Organic corn prices remain subdued hovering near the $7/$7.25 per bushel price picked up at the farm in the mid-west. As one moves east the prices are slightly higher. In the eastern mid-west prices are hovering closer to $7.50. Organic corn prices in the Pennsyvania region are trading near the $340/345 per short-ton for spot trade. There appears to be a small carry for Q4, pushing prices closer to $350.

While the demand for organic livestock remains robust, there could be a pullback in supply given the concerns producers and municipalities that slaughter houses will continue to be a breading ground for COVID-19. The recent pullback in organic chicken slaughtered and the reduction across the US of slaughter operations (mainly conventional), might create a trend in the reduction of slaughter. Most of the organic chicken sold in the US is distributed to the retail level, which should keep demand buoyed. Theoretically a decline in organic chicken slaughter in…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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