There seems to be a stalemate in the organic corn market, and farmers are frustrated that organic prices have dipped. There appears to be enough corn around to keep a lid on prices. Imports eased in July according to The Jacobsen. Organic cracked corn imports did not make their way to US shores in July, which was somewhat of a surprise. This compares to more than 30K tons of organic cracked corn that was brought into the US in July of 2019.
Organic cracked corn imports for the 12-months ending July 2020 are down nearly 30% year over year compared to the same period in 2019. Organic corn imports are nearly unchanged year over year for the same period according to The Jacobsen. This in theory should be positive for prices, but with approximately 15-million bushels imported into the US (organic whole corn and organic…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...