Organic Corn Arbitrage Reopens

Organic Corn Arbitrage Reopens

Organic corn prices are trading near $8 in the mid-west, with prices in the eastern mid-west above $8 and the western mid-west at or just below $8. Organic corn prices are ticking up on the coast. Prices are trading near $10 in Pennsylvania. Merchandisers are telling The Jacobsen that new-crop organic corn is bid near $10.25 in Maryland. Organic corn prices in California are trading near $370 per short ton. Organic corn prices in the Texas region are trading right at $10 per bushel. While organic corn available in the mid-west remains stable, the lack of imported organic whole corn is the contributing factor that helps buoy organic corn prices into the Q3 of 2021.

Shipping Data Update on Imports

According to

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, Shipping data from the Nabsa SA maritime agency has highlighted ship leaving Argentia that is likely to carry 25,000 mt of corn. The origination came from Argentina’s Up River hub at San Pedro and is…

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