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…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
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07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...