Organic cracked corn imports continue to make their way into the US, but prices are not as low as they once were. Since most of the organic cracked corn that makes its way into the US comes from the Black Sea region, it is now competing with elevated prices of Ukraine conventional corn which is currently trading near 4-year highs. Historically, organic cracked corn prices have helped put downward pressure on US organic domestic corn prices. If there is continued demand for conventional corn in the black sea region, this could help buoy imported organic cracked corn prices helping to elevated current organic corn prices.
Organic cracked corn imports were nearly flat month over month in November according to The Jacobsen. Imports of…
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...