Organic corn prices remain heavy, and the coming harvest will likely further weigh on prices. The potential damage to crops in Iowa will likely be offset by a bumper crop in Minnesota according to Merchandisers. Prices are hovering near the $6.50 level, with bids closer to $6 picked up at the farm. The Jacobsen currently sees the carryover at 3.3 million bushels with less than 2-months before the old-crop season is complete. There have been few contracts for new-crop reported recently but getting back to the $7-handle could be a challenge.
Organic animal proteins (organic chicken, organic eggs, organic dairy) sold at supermarkets and big-box stores are has grabbed a larger piece of the pie according to The Jacobsen. Despite this upward trend, there has been little upward movement driving organic prices. While food services continue to suffer and the supply chain remains fragmented,…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...