Organic Corn Prices are Stable Despite Lower Imports

Organic Corn Prices are Stable Despite Lower Imports

 

Organic corn prices continue to remain stable, as most organic grain market participants focus on the organic soybean and byproduct complex. With US conventional soybeans breaking out technically and Indian conventional soybeans hitting all-time highs, it’s hard to see organic soybean and byproduct prices moderating soon. Organic corn prices on the east coast, in Pennsylvania and New York are trading near $10 per bushel. New crop organic corn for the fall is bid near $10.25 per bushel in Maryland. The runup in organic soybean and byproduct prices is a function of supply. The organic corn market is less of an issue since most of the organic corn consumed in the feed market in the US is domestically grown. With that in mind, a decline in imports eventually could take its toll.

Organic Corn Imports Rise Slightly in January

Organic corn imports rose slightly in January in line with The Jacobsen’s estimates. For the four months of the current crop season,…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

03.27.2024

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...

03.27.2024

Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB...

03.27.2024

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally steady.

Poultry by-product pet grade was reported lower in...

Latest Tweets