Organic Animal Proteins Continue to Gain Traction

Organic Animal Proteins Continue to Gain Traction

Organic corn prices continue to edge higher, with prices in the western-mid-west moving up to $7.50 per bushel. In California, prices have moved up to $360 per short ton, which is slightly above $10 per bushel. The pull westward will likely push prices in Pennsylvania above this level. Organic corn prices in PA have recently traded at $345 per short ton, and $350 per short ton. The Jacobsen, is aware of new crop prices going up to the $10.25 level delivered in PA. Up north, prices continue to remain stable. Organic corn about 100-miles north of Montreal are trading near $295 a short ton. This lackluster price movement compares to the elevated level of organic soybeans that traded at $20.40 per bushel about 100-miles north of Montreal.

Organic Animal Proteins Continue to Gain Traction

After surging into the holiday, organic turkey slaughter has moderated but still remain robust year over year. During the past month following the Thanksgiving holiday, organic turkey slaughter by weight has increased 43% year over year, reflecting the robust demand for organic turkeys. For the three months ending January 16, 2020, organic turkey slaughter by weight increased 217% year over year. The slaughter numbers are up a robust 178% year over year, while the average weight per turkey is up 29%.

 

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01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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