04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Organic corn prices remain steady, with New-crop hovering near $9 in the Western mid-West and slightly higher closer to the $9.25/35 level in the Eastern portion of the Mid-West. Prices on the East Coast are close to $11.50 per bushel and near $425 per short-ton in California and Washington State. Corn prices in Europe are also steady. Organic corn prices in Europe also remain stable. New crop contracts for organic corn delivered into Denmark are quoted near 350-euros per metric ton. Organic corn delivered into France is quoted near 330 euros per metric ton. Organic corn FOB Odessa continues to be cited near 275-290 euros per metric ton.
Organic Dairy Takes a Blow
It appears that nearly 90% of the organic dairy farms in the Northeast of the United States will lose contracts with Danone, the parent company of Horizon Organic. The announcement was made by the Vermont Secretary of Agriculture, Anson Tebbetts, who said that 29 dairies in Vermont would lose…