Organic Corn Prices Face Headwinds

Organic Corn Prices Face Headwinds

Organic corn prices will continue to experience headwinds especially if crack corn continues to make its way to US shores. October historically has been a strong season month for the combination of organic cracked corn and organic whole corn imports that make their way into the United States. In looking at a chart of the seasonal imports of organic cracked corn and organic whole corn into the US over the past 4-years, October has been one of the strongest months. Unfortunately, the timing could not be worse as it comes just ahead of the 2020/2021 harvest.

Michalob Adds Organic Hard Selter

Michelob Ultra Organic Seltzer will be released in January 2021, marketing itself as the first national USDA-certified organic hard seltzer. While the demand for hard seltzer continues to grow with an upward trajectory it is unclear whether the “organic label” will drive market share. If it does, this will become another outlet for organic barley which is used in creating hard seltzer.

Milk Utilization Slides

When looking in the rearview mirror, it appears that organic whole milk use, which is a subsection of dairy, declined in July, according to an AMS report. The USDA reports that during July 2020, organic whole milk utilization totaled 13.3 million pounds, down from 13.6 million pounds the previous year. This is a decline of 2% year over year according to the AMS figures. During this period organic dairy advertisements increased 7% year over year while organic milk advertisements increased by 58% year over year. The AMS gets this data by counting the advertisement placed in periodicals or online each period.

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11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

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

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%

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...

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