Organic Corn Prices Move HIgher

Organic Corn Prices Move HIgher

 

Organic corn prices in the western mid-west are edging higher and have pushed above $8 picked up and $8.25 delivered. The increase in the values of old-crop organic corn has been driven by demand from the West-coast. Organic corn prices in California have increased to $385 per short-ton, which equates to $10.78 per bushel. These prices are slightly higher than competing prices on the east coast, closer to $10-50-10.75 per bushel.

Organic corn prices have started to edge higher as imports have declined seasonally. Granted, the higher price of organic corn in the U.S. has made it more attractive to bring in imports compared with prices in the fall which were at lower levels. For the first six months of the current seasonal year, organic corn and organic cracked corn imports are down 40K metric tons or 1.5-million bushels. With feed demand rising at single-digit levels and imports likely to decline unless made up in the back half of the year, the-carryover will…

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

02.23.2024

Montana Renewables Return to Normal Operations

Montana Renewables Return to Normal Operations

Montana Renewables, LLC (MRL) completed its first full calendar year of operations in 2023. MRL efficiently navigated the start-up of operations in late 2022, avoiding launch delays that plagued...

02.23.2024

CWG, UCO Resilient Despite Sinking SBO, HO and RIN Markets

CWG, UCO Resilient Despite Sinking SBO, HO and RIN Markets

Choice white grease traded steady out of the Mo. River market today, although there is more of a negative tone in the market compared to earlier this week. Some...

02.23.2024

Porcine Bloodmeal Market Falls Sharply Week-on-Week

Porcine Bloodmeal Market Falls Sharply Week-on-Week

The US animal protein market was unsettled this week, with most items having limited range adjustments. The exception was the bloodmeal markets, with porcine bloodmeal dropping 10.4 percent, or...

Latest Tweets