Organic egg prices have trended higher throughout most of 2018. The rise in prices can provide for the backdrop of stable to rising organic feed prices. With organic corn prices hovering near the $7 per bushel level, higher retail sales could help buoy organic feed sales. Some merchandisers believe that the market has seen the bottom in organic corn prices. Old crop prices did trade below $6 per bushel in some mid-west locations but it appears that bids are now near $6.50 and offers are as high as $7.50.
Organic egg retail prices remain in a wide range, with the lows seen in 2020 at $2.67 per dozen and a high of $5.44 per dozen. The average over the year is close to…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
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UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
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