Organic corn prices in the eastern US has increased slightly. Organic corn is hovering near $9 per bushel in the Pennsylvania region. Quebec prices are also on the rise. Merchandisers tell The Jacobsen that $306 per short ton FOB the farm has traded in Quebec, likely putting delivered prices slightly higher. Organic Feed wheat prices are also making a move higher. Merchandisers tell The Jacobsen that organic feed wheat is trading at $9.50 per bushel above corn on the east coast. In Quebec, organic feed wheat sold FOB the farm at $9.75 per bushel.
Organic chicken slaughter by weight rebounded sharply in the first week of December, according to The Jacobsen. The volume of chicken slaughter increased by more than 250K as the post-Thanksgiving purchases started to rebound. This scenario is a…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
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
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...