Organic corn prices in Europe remain elevated. The surge in conventional corn prices in the Black Sea region continues to help buoy organic corn prices in the region. Merchandisers are quoting organic corn out of Romania at 265-Euros per metric ton or $315. Organic corn prices in the PA region are steady but have edged higher and are quoted near $8.75-$9 per bushel. Prices in Romania, which is a producing region are equal to prices in Pennsylvania, which is a consuming region. This reflects the strong draw of conventional corn in the black sea region.
The rise in organic turkey slaughter which is a reflection of robust demand continues to be very impressive. The most recent data from the Federal Inspections Agency shows that organic turkey slaughter dipped slightly week over week, but is up on average over the past 2-weeks with the first week of November hitting an all-time high. Organic turkey…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...