Organic feed grain prices in Europe remain stable. You cannot find any organic soybean meal, and organic corn and organic wheat activity is light. Organic corn is trading near 270-275 euros per metric ton in Constanta. Ukrainian organic corn is difficult to find, and the price relative to conventional will make new crop organic corn scarce. Producers of conventional Black Sea corn can sell near the CME future rate which is 238 Euros per metric ton, making organic less attractive. The hassle a farmer faces to sell organic over conventional makes the spread between organic corn and conventional corn less appealing to produce organic corn.
Trade data for the United States was released on Tuesday. Imports surged, pushing the U.S. trade deficit to a fresh record high in March. Stimulus checks were the driving impetus as U.S. consumers flush with government cash. According to the Commerce Department, the trade deficit surged to…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...