Organic Corn Volatility Remain Subdued

Organic Corn Volatility Remain Subdued

Organic corn prices in the mid-West continue to remain bid near $9.50/$9.70 per bushel despite a robust harvest in many areas, including Wisconsin, Nebraska, Iowa, and Illinois. In Quebec, organic corn (which moves south to New York and Pennsylvania) competes with mid-Western corn moving east, is offered at $CAD 500 per MT.

Demand continues to keep pace with supply, despite a robust rise in organic corn imports in December. With U.S. retail sales at grocery stores in the United States increasing 10% year over year, it’s not surprising that organic feed demand is strong. As Fastmarkets/The Jacobsen has reported, the lack of organic winter-wheat has created a dynamic where feed mills continue to replace organic wheat with organic corn as an energy source. This scenario is likely to keep organic corn prices bid throughout the balance of the current marketing year.

Organic Corn Volatility Remains Subdued

Organic corn prices have been steadily rising since hitting…

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 between 10-26 characters. Including 1 number, 1 capital letter, 1 lower case letter, and 1 special character.
  • Hidden
  • 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

07.16.2021

Vegetable Oil Futures Prices Extend Higher Before Weekend

Vegetable Oil Futures Prices Extend Higher Before Weekend

Vegetable Oil Futures Prices Extend Higher Before Weekend    

Vegetable oil prices extended higher on Friday, with U.S. soybean oil futures up again on bean oil/meal spreading as well as...

06.23.2021

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Vegetable oil prices were higher on Wednesday, with overnight gains in palm oil futures driven by bargain buying supporting...

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...

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...