Organic corn prices continue to hover near the $7 level, as imports into the US remain robust. Organic corn prices on the coasts are stable, hovering near the $330-$335 on both the east and west coasts (Pennsylvania and California). Demand remains stable.
The US Customs Department reported on Friday that organic corn imports in October increased by 23K tons to 25.2K tons. While the volume increased month-over-month, it was down approximately 42% year over year compared to the same period in 2019. Historically, a plethora of organic corn imports have made their way to the US in Q4. In 2019, slightly more than 63K metric tons of organic whole corn was imported into the US. This compares to approximately 74K metric tons of organic whole corn…
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...