The decline in organic corn prices has yet to spill over into increase organic feed demand despite a continued uptick in organic protein retail sales. Organic chicken slaughter has steadied since dropping sharply in April and early May. For the 40-weeks ending during the first week of October 2020, organic chicken slaughter is down slightly more than 0.5% year over year compared to the same period in 2019. Organic chicken slaughter increased to the highest levels since January in the first week of October according to The Jacobsen.
The rebound is a good sign for the organic grain industry. If slaughterhouses had not had to close because of the pandemic (a big if) and produced a similar year over year comparison during the 6 weeks beginning in April 2020 into the middle of May 2020, organic chicken slaughter would be up approximately 3% year over year according to The Jacobsen. The trend in organic chicken slaughter remains downward sloping, even though…
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...