Organic wheat prices remain depressed in the mid-west generating divergence in prices between what is available in the mid-west and what is available in the east. Bids in the mid-west are seen between $6 and $6.25. Prices of organic feed wheat in the east are bid near $8.50 per bushel but offered closer to $9.50. Historically organic wheat prices have been below organic corn prices, but with the abundance of organic corn available and the impending bumble crop harvest, organic corn prices have slipped below organic wheat prices.
There appears to be very little organic feed grade wheat that is imported into the US. Most of the organic wheat that is imported is Durham wheat used for pasta. Part of the reason there could be a bid in organic wheat especially for soft kinds of wheat (which are low in protein and used in feed), has been the strong demand for organic flour used in cakes.
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...