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 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…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...