Organic corn prices continue to trade under pressure and have eased in the North East. Merchandisers are reporting prices in the South Central PA region near $320 per short ton delivered for Q1. The range of prices in the region continues to show that the pandemic continues to generate volatility. The Jacobsen has also heard prices trade as high as $350 per short-ton for Q3. Organic feed wheat prices are now nearly the same as organic corn prices.
The demand for organic products at supermarkets continues to gain traction. The question is whether this will spill over into additional feed demand. To determine if this could occur, the Jacobsen conducted its organic livestock survey during the spring of 2020.
The Jacobsen asked livestock farmers about the size of their herds and flocks, and whether they plan to increase or decrease these sizes in the coming season. We also…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...