Organic grain prices have not kept up with conventional prices. The 55% run-up in conventional corn prices has continued to narrow the spread between organic corn prices and conventional corn prices. Organic corn prices are now trading near $9.75 in Pennsylvania, with consumers are covered until March. Organic corn prices in the mid-west are mixed. Large dairies in Wisconsin are paying as low as $6 per bushel for small lots.
To move any size, merchandisers pay between $6.7 and $7.10 in Illinois. Prices have moved up to $270 per Euro in Romania. The surge in conventional soybean prices has put a rocket ship under organic soybean prices. The Jacobsen has a difficult time finding offers for imported organic soybeans FOB India. Container rates are also on a tear. The Jacobsen has heard that container rates from India to Baltimore are high at $180 per metric ton. Organic soybean prices in the mid-west remain…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...