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…
01.30.2025
Diamond Green Diesel will look to Europe for RD, SAF: Valero
The most attractive markets for renewable diesel (RD) and sustainable aviation fuel (SAF) are Europe and the UK, Eric Fisher, senior vice president of US-based fuels producer Valero, said...
01.30.2025
DCO holds firm while animal fats sentiment softens amid market uncertainty
Activity in the US animal fats and oils markets eased on Thursday January 30 as the month neared its end on a more cautious note amid ongoing uncertainty.
01.30.2025
Limited hide bidding interest; some Chinese tanners engage for discounts
Several hide sellers noted limited bidding interest on Thursday January 30, except for one packer who received strong volume bids from Chinese upholstery and shoe tanners despite the ongoing...