Organic feed wheat prices have remained stable and are now hovering near the $6 per bushel level, nearly equal and exceeding organic corn prices in some locations. Feed wheat prices are quoted as high at $6.50 per bushel in some locations where demand for wheat exceeds corn. The demand for feed wheat has eased somewhat due to the low value of organic corn. With a bumper crop in organic corn expected, few consumers are willing to bid even $6.50 per bushel, and farmers appear to want to hold off until prices rebound back to $7.00 in the mid-west picked up at the farm.
Organic wheat imports have increased during 2020 due to the rising demand for organic pasta according to The Jacobsen. Organic wheat imports have increased in 2020 rising 25% year over year according to the US Customs Department. There was an increase in every month during the first half of 2020 except for February. Most of the increases…
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Gulf prices average higher despite weeklong declines in SBO
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Bloodmeal largest price mover week on week; November cattle on feed higher
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