Organic corn prices for new crop are beginning to bottom. Merchandisers are telling the Jacobsen that while prices are still soft, farmers are unwilling to sell below $7 per bushel mid-west picked up at the farm. But even getting organic corn at $7.25 is still a struggle. Merchandisers have told the Jacobsen that this year will be a bumper crop and organic corn will not be damaged and below #2 in many cases. This was not the case during the 2019/2020 season which produce organic corn that was damaged and below spec.
The Jacobsen now sees that stocks to use increased to 5% the highest the Jacobsen has calculated over the past 4-years. The Jacobsen now predicts that the carry over into the 2020/2021 season will increase to nearly 4-million bushels. This should be offset by a decline in organic corn imports which are expected to decline by approximately…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...