Organic corn prices remain stable in the mid-west hovering just above the $7 level. Prices in Illinois are priced as high at $7.35 and closer to the $7.1 level in the Western Iowa region. Organic corn prices in the Pennsylvania region are trading near the $9.50 level, bid near $9.25, and offered at $9.75. With rail costs from the mid-west to the east coast near $2.25 per bushel, this level appears to be in line with value.
According to official customs data, organic corn imports eased in November, declining 41% year over year compared to the same period in 2019. The rise in organic corn imports was in line with The Jacobsen’s expectations. For the 12-months ending November of 2020, organic corn imports rose 8% year over year, hitting 206K metric tons of…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...