Organic prices in the EU are stable, with wheat prices continuing to slip held up only by the price of conventional wheat. Organic wheat prices are hovering near 200-euro per metric ton CIF delivered into Amsterdam. Organic corn prices in Europe are also stable, with many consumers looking organic corn from Ukrain which is currently trading near 240-euros per metric ton delivered into Amsterdam. EU corn from other destinations is higher near 260-euros per metric ton. While there is very little organic soybean meal available, specially delivered from China, organic soybean meal from India is offered near $700 per metric ton delivered into Amsterdam.
While the rains in India have not been evenly distributed, the bulk of India’s monsoonal precipitation has been well-timed and beneficial for crops in the majority of the nation according to World Weather. Most crop areas in India will continue to get…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...