Organic corn prices in Europe have edged slightly higher according to merchandisers, but activity. Expectations are for the activity to remain light for the next 2-weeks. Organic corn price in the US is starting to gain some traction. Merchandisers are telling The Jacobsen that prices are closer to $7 per bushel in Indiana as well as Illinois. With large imports coming in during October, its unlikely that there will be corn or cracked corn imports that match these levels in November according to The Jacobsen insight.
For those of you who have attended this conference in the past or come to the dinners that The Jacobsen has sponsored, I would like to give you an update on what being discussed. Similar to past years, there continues to be an…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...