While organic corn prices are attempting to form a bottom, and are hovering near the $6.75 per bushel range, while conventional prices are on the move. Goldman Sachs was on the tape saying that they believe that the dynamic with the falling dollar will continue to perpetuate during 2021 driving commodity prices higher. The heavy surplus of organic corn that is available in the US will likely keep prices capped near the $7 range, despite rising conventional corn prices. Issues could potentially rise in the 2021/2022 season if farmers determine that it’s easier to lock in future conventional corn prices at elevated levels and transition back to conventional corn.
The organic chicken slaughter by weight continues to hover near the upper end of the current range…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
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CWG prices jump 17% from prior week on strong renewable demand
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US weekly wheat, soybean export inspections decline; corn up 7%
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