Spot organic corn prices remain soft as organic chicken feed demand has temporarily eased. Producers are putting their feed needs temporarily on hold as slaughterhouses recover from closeures due to COVID-19. Slaughterhouses are in the process of disinfecting plants and revamping operations to provide a safer working environment. Organic chicken slaughter tumbled in early April, dropping nearly 30% but has rebounded about 50% of the losses over the past 5-weeks.
What is surprising is that retail demand has remained steady, as supermarkets continue to run through inventories. The Wall Street Journal ran a story that said that also some major chicken producers see meat production taking a while to rebound. Plants in Pennsylvania, Colorado, Minnesota, and…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
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CWG prices jump 17% from prior week on strong renewable demand
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US weekly wheat, soybean export inspections decline; corn up 7%
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