Organic corn prices picked up at the farm remain heavy. Solid crack corn and organic whole corn imports in conjunction with old-crop carryover continue to weigh on prices. In its recent organic planting intentions survey, The Jacobsen asked the question to farmers focusing on how much of the old-crop was the ability to sell. The answer for organic corn is approximately 80%, which could mean that approximately 20% still is not sold ahead of the Q3.
This compares to approximately 90% for organic soybeans. If 20% of old-crop organic corn has yet to be priced, and import remains robust, organic corn prices will likely continue to face headwinds. New crop Q4 is currently hovering near $360 per short ton delivered. This puts mid-west prices close to $7.50 for the Q4
The search for organic chicken through online trends continues to remain…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...