While bids for spot organic corn mid-west picked up at the farm remain depressed, there could be a location divergence occurring. While there is little spot trade activity, new crop prices in the northeast and mid-Atlantic near south-central PA are approximately 360 a short ton, or 10.08 per bushel. The Jacobsen believes transportation to the mid-west, puts Q4 prices of organic corn in a range between $7.15 and $7.35. This is approximately $0.25 higher than current levels.
The Jacobsen organic planting survey revealed an increase in organic corn and organic soybean planting intentions. The increase was widespread and it was generally from organic farmers increasing the acres they intend on planting, rather than new farmers first entering the…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...