As the planting season moves into gear, organic corn farmers appear to have completed approximately 50% of their planting in the mid-west. Prices continue to hover around $7 per bushel in the mid-west and near $340/345 per short ton in South Central Pa. Merchandisers are telling The Jacobsen that they see softer organic corn prices in PA. Organic corn prices in the mid-west for the Q4 are hovering near the $7.5/$7.60 regions with few contracts trading.
Organic Crack Corn Imports Rise
Organic cracked corn imports increased more than expected in May according to The Jacobsen insight. Organic cracked corn imports rose 18% month over month in May 2020, up approximately 4K tons, and approximately 3K tons more than The Jacobsen expected.
For the 8-months ending May 2020, organic cracked corn imports are down 12% year over year. The Jacobsen expects…
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...