Organic wheat prices have eased with organic feed wheat trading down to $6.0 picked up at the farm, with offers coming in near $6.25 according to Merchandisers. With the organic wheat harvest coming to a close there appears to be robust supply available. Organic corn prices remain stable near $7 picked up at the farm in the mid-west and prices for organic corn new-crop are similar.
Transportation prices are also up this week. Operation Safe Driver Week is still scheduled for July 12-18. This has helped buoy truck fees going east from the mid-west by approximately $1,000 per load. The International Roadcheck is an annual three-day event when CVSA-certified inspectors conduct compliance. Many truckers have taken the week off to avoid the hassle according to Merchandisers.
Pepsi, which is one of the large drink and…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...