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…
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...