Organic Corn Prices are Rising

Organic Corn Prices are Rising

 

Organic corn prices on the east and west coast should continue to diverge. Prices in California remain near $485 per short ton, while prices on the East Coast are somewhat depressed by imports from The Black Sea and Canada. Organic corn is offered at $440 per short ton but could be poised to push higher. With transportation from the mid-West, only a few locations can make produce domestic prices this low. Merchandisers tell The Jacobsen that few contracts have traded so far in 2022. Farmers seem to be watching the board and are in tune with the drought occurring in both the U.S. mid-West and South America.

Market participants believe that organic corn is stored in bins, but very few farmers are willing to sell their organic and are waiting to see if they can contract at higher levels. Bids in the mid-West are still below $10 per bushel, but there are very few mid-West locations where you could pry away organic corn without transactions above $10. In several…

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