Organic corn prices are edging higher. Despite thoughts that there was a plethora of organic corn in bins, it appears that the absence of imports, and farmers holding out, has led to higher prices. Merchandisers tell The Jacobsen that now that organic corn prices are bid at $8 on the farm, farmers now want $8.25. Imports came into the U.S. mid-month into North Carolina in the form of organic cracked corn. Additionally, The Jacobsen believes that approximately 25K organic corn arrived in Baltimore at the end of March. Organic whole corn imports in March of 2020 were 33.5K tons, and in April of 2020, organic corn imports were 39.9K tons. It’s unlikely that imports will reach these levels, putting further upward pressure on organic corn…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...