Organic corn prices are steady with little activity to report. Prices delivered in the mid-west remain near $7.25, making it difficult for a farmer to receive $7 per bushel. Organic corn in the Pennsylvania region is steady at $9.50/$9.60 per bushel or $340/$350 per short-ton. Transportation costs throughout the United States have picked up. Gasoline and diesel prices have also increased, making it more challenging to achieve the desired price. Diesel prices have increased 18% on average since the beginning of December and nearly 11% since the beginning of January. The rally in the conventional grain space has also buoyed gasoline and diesel prices, as they are used as additives in the form of ethanol and biodiesel. Since most of the demand for organic corn is on the coast, either PA, NY, NC, or California, transportation is key to the price that a…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...