Organic corn prices are stable and activity is very light. There appears to be enough corn to keep prices hovering near the $7 per bushel picked up at the farm, into the new crop. Organic soybean prices are also stable but there remains of seeing imports of meal and beans arriving in mid-late June. European merchandisers continue to see elevated prices and await the return of Chinese sellers. There was word late in the week of potential offers coming in below 1000-Euro per metric ton.
The demand in the organic layer space should continue to rise over time, as the upward trend in flock size remains intact. The organic layer flock size is expected to rise nearly 2% year over year during the 2019/2020 season. This compares…
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...