Organic Wheat Prices Remain Subdued

Organic Wheat Prices Remain Subdued

 

Organic wheat prices remain subdued, and prices are hovering near organic corn prices. In some areas where there are cash basis discounts, organic wheat prices are below organic corn prices. This comes despite soft red winter wheat prices above $6 per bushel on the CME. Hi-protein organic wheat prices in Europe from the Black sea region are trading near 270-280 euros per metric ton. Lo protein wheat FOB the Baltics are trading near 245-euros per metric ton. Organic corn prices in Europe remain steady with organic corn from the black sea region (mainly Ukrain) trading near 230-240 per metric ton.

Mobility Trends are Slowing in the US

Mobility trends are slowing, as the weather gets colder and COVID-19 begins to spread again. According to Google Mobility, the trend toward recreation and retail are down 18% over the past month. People appear to be spending more time in parks which is up 1% and at home which is up 4%. Transit is…

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11.14.2024

Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB

Cellulosic RINs fall 15% on EPA volume adjustment rule sent to OMB

Renewable identification number (RIN) credit prices fell sharply on Wednesday November 13 due to speculation that the Environmental Protection Agency (EPA) sent a volume adjustment notice to the US...

11.14.2024

DCO prices move lower as production levels hit record highs

DCO prices move lower as production levels hit record highs

Distiller’s corn oil (DCO) traded lower on Thursday November 14, in Manly, Iowa, and out of the FOB Wisconsin/Illinois regions amid declining prices in soybean oil futures.

Offers for DCO...

11.14.2024

Prices for US animal proteins steady; September dog and cat food exports down

Prices for US animal proteins steady; September dog and cat food exports down

Most prices for US animal proteins were steady on Thursday November 14, with light volume reported to Fastmarkets from market sources. Feathermeal price ranges narrowed higher in several regions...

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