Non-GMO corn premiums remain subdued, and farmers are having a difficult time getting any premium. Merchandisers are saying that premiums range from $0.20-0.30 in many areas and flat where there is little demand. This comes despite continued robust demand for non-GMO retail proteins at supermarkets and big-box stores across the US. Non-GMO soybean prices are also mixed ahead of the new-crop harvest. Old crop prices range from $1.30 over the local cash price to as high as $1.80 for those who have been caught short. This is over the local price and does not include transportation. Prices continue to remain stable despite a rise in the demand for non-GMO feed which the Jacobsen pegs close to 200K tons per annum.
The Jacobsen sees a steady rise in the demand for non-GMO retail proteins at supermarkets and big-box stores driven by rising demand for non-GMO broilers. In…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
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01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
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