Non-GMO Premiums Remain Stable Despite Rising Non-GMO Chicken Demand

Non-GMO Premiums Remain Stable Despite Rising Non-GMO Chicken Demand

 

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.14.2024

Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB

Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB

Renewable identification number (RIN) credit prices fell sharply on Wednesday November 13 due to speculation that the Environmental Protection Agency (EPA) sent a volume adjustment notice to the US...

11.14.2024

DCO prices move lower as production levels hit record highs

DCO prices move lower as production levels hit record highs

Distiller’s corn oil (DCO) traded lower on Thursday November 14, in Manly, Iowa, and out of the FOB Wisconsin/Illinois regions amid declining prices in soybean oil futures.

Offers for DCO...

11.14.2024

Prices for US animal proteins steady; September dog and cat food exports down

Prices for US animal proteins steady; September dog and cat food exports down

Most prices for US animal proteins were steady on Thursday November 14, with light volume reported to Fastmarkets from market sources. Feathermeal price ranges narrowed higher in several regions...

Latest Tweets