Organic Corn Prices Rem

Organic Corn Prices Rem

Organic corn prices are getting bid-up slightly in the mid-west. Prices are primarily near $9.2-$9.40 delivered in the mid-west. With trucking rates are rising, prices are closer to $12 in Texas, Pennsylvania, and California. With trucking rates moving up to $3.25 per quarter, the costs are bearing the brunt of the corn price climb. There are minimal organic whole corn imports expected during Q2. After 22.8K arrived in March, The Jacobsen does not see this volume having come in April or May. This import figure compares to 43K metric tons that came in April and May of 2020. Organic corn in Q2 of 2020 came from Romania. With shipping rates rising sharply, there is a chance this organic corn will go to Europe and not make it to the United States in Q2 2021. While The Jacobsen fully expects more organic corn to come from Argentina, it will not likely come to the United States until Q3 and the beginning of Q4.

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

Request a Free 7-Day Trial


    Please enter the level or reporting you're most interest in.
  • Hidden

    Please select the area in which you are most interested in our reporting.
    Please select all areas of secondary interest to you.

  • Must be no less than 8 characters. Including 1 number, 1 capital letter and 1 special character.
  • Hidden

*all fields required

More from the author

05.19.2021

Organic Soybean Prices Rise as Demand Remains Positive

04.29.2021

Organic Poultry Demand Remains Strong

04.22.2021

Organic Soybean Meal Anti-Dumping Case Dates Reported

Blog

06.04.2021

What’s Ahead in the FOG Markets?

What’s Ahead in the FOG Markets?

Rising Tide – What’s Ahead in the FOG Markets Ryan Standard, Fastmarkets / The Jacobsen The following video is a capture from The Jacobsen Fuels & Feedstocks Virtual Conference...

05.20.2021

April Renewable Fuel Consumption Slows

April Renewable Fuel Consumption Slows

The Environmental Protection Agency (EPA) reported 1.42 billion gallons of renewable fuel was consumed during April, a four percent decline from March but 55 percent above April 2020. Renewable...

05.20.2021

The Future of Cannabinoid Hemp Markets

The Future of Cannabinoid Hemp Markets

What is the future scope and scale of cannabinoid hemp markets?  Discussions of supply and demand for cannabinoid hemp products gravitate towards comparing an existing company’s sales volume and the...

Latest Tweets

We're less than 16 days away from our Jacobsen Fuels & Feedstock conference. ... https://events.fastmarkets.com/event/f3df1451-f1c1-497d-8818-6be13ef527cc/websitePage:c527be9c-af69-48d1-a107-b3eab50abd0a?utm_campaign=oilseeds&utm_medium=social&utm_source=twitter #renewables #feedstocks #biofuels

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Load More...