Organic Corn Chip Sales Continue to Trend Higher

Organic Corn Chip Sales Continue to Trend Higher

 

Organic corn prices are getting as lift farmers continue to hold their corn in bins, waiting for prices to rise. New crop prices above $675 are getting farmers interested and Jacobsen has heard bids near $6.50 and offers near $7.50. Activity is light but a few transactions have taken place near $7 per bushel for Q1 organic corn in Illinois and Indiana according to merchandisers.

Organic Chip Sales Trend Higher

Organic corn chip sales continue to trend higher and appear to be grabbing a larger piece of the corn chip pie. The pandemic has led to a robust increase in corn chips across the United States at supermarkets and big-box stores according to The Jacobsen. Organic corn chips sales in the US have increased from approximately 0.25% in 2016 to nearly .5% of the total chip sale in the US…

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