Organic corn prices remain steady with little movement in the spot market. There have been also few trades reported for Q4. Oganic corn prices in PA have been reported as high at $360 per short ton as and low at $345 per short ton for the Q4. Non-GMO corn premiums relative to conventional also remain steady hovering near $0.20 premium, excluding any transportation. Organic wheat prices remain stable but subdued. Current depressed organic corn prices continue to weigh on feed wheat. Merchandisers continue to be concerned about the price of organic soybeans and organic soybean meal.
Organic milling wheat demand continues to be on the rise, as demand for organic flour continues to trend…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...